Who is Eligible?
Evolved an idea to a concept by consistently driving progress in solving the challenges at hand. There can be only one leader per concept.
Contributed at least one key and novel aspect of a project which is visible in the product specification.*
How Much Can You Earn?
$1,000 initial award per concept plus a 0.5% royalty of feature sales* per concept.
Up to $500 initial award to a maximum of $2,500 per concept plus up to 0.25% of feature sales* to a maximum of 0.5% per concept.
When Can You Earn?
Initial award and royalties will be awarded upon the first sale of the product.
Royalites will continue for a period of 4 years beyond the date of sale of the first product.