Edison Nation and Enventys Partner with AKT IP Ventures to Host Pitch Day to Find Great App Ideas

Edison Nation, an innovation marketplace that helps inventors bring their ideas to market and Enventys, a full-service product development firm, along with AKT IP Ventures, an incubator and operator of emerging IP-based businesses, will host a Pitch Day on Tuesday, May 5, to uncover the next great idea for the creation of an app-enabled device, mobile app concept or Internet of Things innovation. Inventors, entrepreneurs, startups and idea people are invited to pitch their best ideas to a panel of judges, beginning at 10:00 AM at 520 Elliot Street in Charlotte, NC.

Edison Nation, Enventys and AKT IP Ventures are looking for great ideas to invest in, incubate and commercialize. Selected ideas will be transformed into sustainable businesses and their creators will receive a competitive royalty or equity structure in the new venture. Every participant will be allotted 15 minutes to privately pitch his or her idea to a panel anchored by Louis Foreman, CEO of Edison Nation and Enventys, and Nicolas Chaillan, CEO of AKT IP Ventures and successful serial entrepreneur.

“Edison Nation exists to give inventors the opportunities and the resources they need to commercialize ideas that might not otherwise leave the conceptual stage,” says Louis Foreman, CEO of Edison Nation and Enventys. “Our partnership with AKT IP Ventures is a natural extension of what we do every day and allows us to help innovators on a different level, particularly in this exciting area of software development.”

In late March, AKT IP Ventures launched a targeted $20 million fund aimed at building companies around technology and ideas that are backed by intellectual property. The fund is focusing on products in the mobile, multi-touch, wearables, Internet of Things, big data and medical technology sectors.

“We love what Edison Nation has done to keep consumer-driven innovation thriving and we are thrilled to be partnering with them for this event,” says Nicolas Chaillan, CEO of AKT IP Ventures. “AKT IP Venture’s model is centered on turning great ideas into tangible assets and opportunities like this, help inventors see that there is another path for capitalizing on their ideas.”

Space will be limited and all interested parties must register to attend. Please visit www.edisonnation.com/pitchday for more information.

Registration will close on Monday, April 27, 2015.

About Edison Nation

Edison Nation is an online community and innovation marketplace that gives ideas the opportunity to reach their greatest potential. Edison Nation partners with the country’s top retailers and manufacturers and hosts open innovation searches exclusively for Edison Nation community members to submit product ideas to. Edison Nation has relationships with companies of all sizes and in a variety of industries, including NASA, Bed Bath & Beyond and Procter & Gamble. To date, Edison Nation has earned over $200 million dollars in retail sales for inventors.

It is free to join Edison Nation and there is a nominal fee to submit an idea. Edison Nation incurs all costs associated with product development, patenting and marketing, while splitting royalties with the original inventor. Learn more at EdisonNation.com.

About Enventys

Enventys is a Charlotte-based product development and design group offering a comprehensive approach to developing ideas into products. Founded in 2001, the company specializes in research, industrial design, engineering, prototyping, branding, video and software development for a variety of clients, which includes independent innovators and Fortune 500 companies. Enventys and Edison Nation are housed within a 100-year-old warehouse space, equipped with the experts, tools and technologies to transform ideas into tangible products. Learn more at Enventys.com.

About AKT IP Ventures

AKT IP Ventures is an incubator that turns ideas into tangible assets. Through disciplined market and portfolio research, AKT IP Ventures identifies and develops companies based on IP with the greatest potential to provide returns for inventors, investors and generate sustainable employment. AKT IP Ventures operates and manages the newly created companies by providing development, design, marketing and even sales teams. AKT IP Ventures’ “360 Incubation” or “Life-Cycle Incubation” model takes an idea from quick prototyping to product development to marketplace to exit in 18 months or less. Learn more at http://www.akt.fund/