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About MYGi
Everyone has ideas but most of us underestimate their potential; or if we believe they have potential we often do not know how to progress them and make contact with the right people be they e.g. investors, engineers or marketeers.
MYGi was conceived to help release and communicate all sorts of ideas and inventions, especially those that usually never see the light of day, to the global innovation community.
However, ideas and inventions are nothing unless they are converted to reality. That's where MYGi helps by providing a hub where people seeking and offering creativity and professionals who can support the process of turning creativity into something can make contact.
- You do not disclose your idea to MYGi or anyone unless you choose to
- It's FREE to deposit and search for ideas
- only charges a modest and sensible introduction fee to those interested in your ideas
- Once introduced, it's up to you to negotiate and progress the interaction
- MYGi can also introduce you to professionals for advice, funding etc.
MYGi does not need to know your idea unless you choose to make it public (some people just want to share or make things public to prevent others patenting their idea, making it free for everyone to use).
MYGi works by categorising the idea or invention with non-confidential information allowing it to be found by industry sector, product classification or keywords. This allows you to gain interest, partners or help before you may have applied for a patent speeding up your commercialisation and minimising financial outlay.
Creativity (having ideas) is the front end of the complete innovation process by which creativity is converted into the intended output. For instance, when developing a new product the innovation process would typically involve generating a specification (product and market) and design, making a prototype, testing and modifying, developing manufacturing systems, field trials with first-off products and launching, selling and performance review. The output can also be a way of doing something such as a new process to sort letters, a new way of doing business or a new process.
Innovation is a very popular term these days but it covers such a wide range of activities that it is hard for many people to really understand how they can improve their innovation performance. It's certainly hard to measure but despite this we see most organisations wanting to improve their innovation performance. At MYGi we are very interested in what people and organisations have done to really improve their innovation output, do email your thoughts and achievements to us at opportunities@mygreatidea.com and we will make this information available for our MYGi community to share and discuss (there's a forum coming soon).
(You can find more information on innovation using the links section)
Businesses, entrepreneurs, investors and those involved in non-profit activities are always looking for ideas and inventions to commercialise or help solve their challenges. MYGi provides a forum where these "open innovation" needs can be communicated as widely as possible including it's sister site theinnovationexchange.com which provides a similar service to industry and organisations.
Innovation is not just about helping make money from ideas and inventions. Many people and organisations just want to share their thoughts for no commercial gain. This could be anything from how to save energy or improve the quality of live for sick people to how we can make the world a more sustainable place! MYGi welcomes useful social innovation ideas, they might just stimulate someone to do something beneficial!
If you decide to make your idea public you may want to record your contribution to society, MYGi provides a formal depository and you can even request your own MYGreatIdea certificate by contacting us at opportunities@mygreatidea.com (there is a small charge to cover our costs).
(View the MYGi certificate)
MYGi, owned by Mygic Ltd (UK), was conceived and founded by Richard Philpott (Cambridge, UK) to provide a vehicle which would help release ideas that usually never see the light of day together with a hub serving both the supply and demand sides of innovation. Angie, Jason and Justin joined the team to develop the websites. We have many more exciting ideas and you will see this site evolve. The sister site theinnovationexchange.com provides a similar service for industry and organisations, opportunities and needs are communicated between the sites to ensure maximum success for our users.
Our goal is to help liberate and communicate ideas and needs from all walks of life, on a global scale.
We have a few "golden rules", we:
- Do not have or intend to have any preferential commercial agreements with any company which could in any way bias our activities.
- Do not seek, need to or wish to know any idea or invention that the inventor wishes to remain a secret.
- Need to be impartial and cannot give advice about the potential or value of any idea or invention (use our Innovation Support service to gain such professional advice).
- Will only charge modest fees for introducing potential partners (we do not seek to gain a share of any resulting deal or profit).
- Urge inventors to seek professional help concerning confidentiality, agreements, patents and other intellectual property, negotiations, value and developing and commercialising their inventions.
- Do not prefer, endorse or warrant the services of any party that may use MYGi to feature or advertise their products or services.
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