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The Inventors Guide

Do You Have a Good Idea?

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You have a great idea. But is it good enough to turn into a commercially viable product?

We can't tell you that - no one can. In 1958 who would have thought a round plastic disc would turn into the international phenomenon known as Frisbee®? Turning your creative idea into a product consumers are interested in is more about timing, funding, marketing, consumer trends and so on.

Western Economic Diversification Canada has developed this guide to help you determine whether your idea is commercially viable. Use it to help you research your target market, develop a prototype, and write a business plan. You will also find information on topics such as lining up a licensed distributor or seeking financial backing. Within this guide you will find a wealth of useful tips, leads, information and links to resources.

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Disclaimer
This guide is intended to be used as a reference only. It provides tips, leads and information related to the subject. There are many factors involved in bringing a product to market and you may wish to seek the advice of an expert. Reliance solely on general information offered here may not be considered reasonable care. While every effort has been made to ensure the information in this guide is accurate, information and links are subject to change. The Government of Canada, their agencies and employees do not assume any legal liability or responsibility for the accuracy, completeness or usefulness of this site.

This guide features links to relative non-federal government Web sites, some of which are available in only one language.

Inclusion in this list does not imply endorsement by Western Economic Diversification Canada.

Copyright
© Her Majesty the Queen in the Right of Canada, 1998 all rights reserved. Permission is granted to print in hard copy for internal use only. No part of this information may be reproduced, modified, or redistributed in any form or by any means, for any purposes other than those noted above (including sales), without the prior written permission of the Minister of Public Works and Government Services Canada, Ottawa, Ontario, K1A 0S5.