COLUMBUS, OH., 21 September, 2010– Battelle and Edison Nation have formed an innovative collaboration that will enable great ideas to get to the market faster. Under this three-year agreement, Edison Nation will be able to draw on Battelle’s resources to augment its offerings and Battelle will broaden its engagement in consumer product innovation.
Edison Nation has created an innovative way to harness the power of open innovation to quickly link companies looking for new products with inventors who can help them. Battelle is the world’s largest, independent research and development organization with a track record of getting scientific and technical solutions into the marketplace.
“Battelle is all about innovation – turning inventions into products. We’re pleased to be working with the creative team at Edison Nation to help get innovative ideas into the market,” said Spencer Pugh, Vice President and Manager of Industrial and International Markets at Battelle. “Edison Nation gives us direct entrée into hundreds of companies looking for new products to develop.”
Edison Nation works with major companies such as Rawlings, Procter & Gamble, Walmart, and Yahoo. Edison Nation founder Louis Foreman also created the Emmy® Award winning reality PBS television program “Everyday Edisons,” which features inventors trying to break into the marketplace.
While Edison Nation works mainly with thousands of individual inventors, the agreement with Battelle means the company can begin match making Battelle with like-minded organizations that also do the kind of high-tech science in which Battelle specializes, Foreman said. Foreman is an inventor with 10 registered U.S. patents as well as publisher of Inventors Digest magazine.
“This is a great opportunity for Edison Nation. Battelle’s strength is as a discovery company while Edison Nation is expert at getting discoveries into the hands of the companies that can manufacture and sell them,” he said. “Linking with Battelle’s world-class scientific organization is the other side of the coin to Edison Nation’s traditional role of helping creative individual inventors from around the world.”
As the world’s largest independent research and development organization, Battelle provides innovative solutions to the world’s most pressing needs through its four global businesses: Laboratory Management; National Security; Health and Life Sciences; and Energy, Environment and Material Sciences. It advances scientific discovery and application by conducting $6.2 billion in global R&D annually through contract research, laboratory management and technology commercialization.
Headquartered in Columbus, Ohio, Battelle oversees 22,000 employees in more than 130 locations worldwide, including eight national laboratories for which Battelle has a significant management role on behalf of the U.S. Department of Energy, the U.S. Department of Homeland Security, and the United Kingdom.
Battelle also is one of the nation’s leading charitable trusts focusing on societal and economic impact and actively supporting and promoting science, technology, engineering and mathematics (STEM) education.
About Edison Nation
Edison Nation is a Charlotte, N.C.-based open innovation platform and social community dedicated to finding and licensing consumer-driven innovation. Edison Nation features a dynamic community of inventors and regularly works with leading retailers and manufacturers seeking innovative new product ideas, technology applications, package design and brand names. Clients include Yahoo!, Clorox, General Mills, Colgate-Palmolive, Amazon, Walmart, PetSmart, Bed Bath & Beyond, Lifetime Brands, WestPoint Home, Rawlings, Skil Power Tools and more. For more information, please visit www.edisonnation.com.
For more information contact Katy Delaney at (614) 424-7208 or email@example.com, or T.R. Massey at (614) 424-5544 or firstname.lastname@example.org.