John F. Baugh Center for Entrepreneurship
INNOVATION EVALUATION PROGRAM
Hankamer School of Business, Baylor University

Thank you for your interest in the Innovation Evaluation Program in Baylor University's John F. 
Baugh Center for Entrepreneurship.  

Enclosed is a form entitled "Innovation Registration and Disclosure."  Please fill out this form as 
completely as possible and return it to us, along with any other information you might have about 
your innovation, and a check or money order for $150. 

Your product will be evaluated on thirty-three (33) different criteria.  These criteria range from 
factors related to legality and safety, business risk, and demand analysis, to market acceptance 
and competition.  The statistical analysis is relatively simple and follows three separate 
evaluations.

1.	The Critical Value Score (CVS) is based on five criteria that must be passed in order 
for the product to be considered for future activities.  This score must be very high—
in the 80 percent plus range.

2.	The Aggregate Value Score (AVS) of the 33 criteria is the overall total.  It should be 
relatively high—60 percent plus range in order to be considered for additional 
activities.

3.	The Estimate of Success (EOS) should be in the 60 percent plus range in order for 
the product to receive additional consideration.

In order for a product to be considered as a serious candidate for the marketplace, it should 
score highly on all of the three evaluations.

Thank you for your interest in our program and we look forward to hearing from you again.

Sincerely,

Mary Abrahams
Program Administrator



 













John F. Baugh Center for Entrepreneurship
INNOVATION EVALUATION PROGRAM
Hankamer School of Business, Baylor University

  Innovation Registration & Disclosure


I understand it is the policy of the Innovation Evaluation Program at Baylor University to:

1.  return all materials to me if my invention receives an Estimate of Success score of less than 60%.

2.  retain my materials for 180 days if my invention receives an Estimate of Success score of 60% or 
greater.  At the conclusion of that period, I request that you

________ return all materials to me.

________ destroy my files.

If I want my materials returned after the 180 days, it is my responsibility to keep the Innovation 
Evaluation Program current on my address during this time.  If the post office returns my materials to the 
Innovation Evaluation Program stamped "undeliverable," the materials will be destroyed.

_______________________________
signed































							FOR CENTER USE ONLY

							File #  ____  ____  ____  ____

							Ind. # ____  ____  ____  ____





	Submitted by:		
			(Please print or type your name)

				
			Street address

			
			City	State	Zip

		Home Phone:  	
			Area code 	Phone

		Work Phone:  	
			Area code	Phone






BAYLOR UNIVERSITY

CENTER FOR ENTREPRENEURSHIP




INNOVATION REGISTRATION

AND DISCLOSURE


DISCLOSURE


Please give a detailed description of your invention or innovation.  Include information on the size of the 
device, materials, uses, and so forth.

(Please describe your invention in a both technical and non-technical manner.  Use the space below for 
non-technical description, attach technical description on separate page.)






















It is suggested that you have this description notarized if you have no form of protection for your 
invention.  This establishes the date of conception of your idea.  A DETAILED DESCRIPTION IS 
NECESSARY.

State of 	
County of 	

On this ______ day of ____________, 19_____, before me,  	
Notary Public, personally appeared _____________________________________ known to me (or proved 
to me on the oath of ____________________________________) to be the person whose name is 
subscribed to the within instrument, and acknowledged that he (she or they) executed the same.

Witness my hand and official seal.

	

Notary Public in and for the
State of 	
County of	
My commission expires	


INVENTION DISCLOSURE

	Date 	
TO:	CENTER FOR ENTREPRENEURSHIP
	HANKAMER SCHOOL OF BUSINESS
	BAYLOR UNIVERSITY
	WACO, TEXAS  76798

Enclosed is a description, and other materials, of my idea for registration with the CENTER FOR 
ENTREPRENEURSHIP (hereafter called the CENTER).  After your review, I understand that you will 
send me your evaluation of the potential for my idea.  Although the CENTER will treat my Disclosure 
with care, I understand that:

1.	No confidential relationship, expressed or implied between me and the CENTER, its agents assigns 
or members, is intended either now or in the future in connection with this and all future 
disclosures.

2.	For protection of my idea, I rely solely upon existing or future copyrights or patents which will be 
obtained at my sole expense.

3.	Materials submitted herewith or in the future in connection with my idea may be retained by the 
CENTER or returned to me at my expense, at the option of the CENTER.  It will be my 
responsibility to advise you of any change in my mailing address.

4.	The CENTER acquired no right or license in my idea by this registration.  If you wish to participate 
in the marketing of my idea, I understand that you will contact me in the future to arrange a 
mutually satisfactory royalty payment to you or your designee in exchange for services performed 
for me in the future.  You have no obligation to perform any such future services, nor as I required 
to agree to any royalty arrangement.

THE NAME OF MY IDEAS IS:  	
	
	

I have carefully read this and the enclosed Registration form and understand their contents.

ENCLOSED is my check (or money order) in the amount of $150 made payable to the CENTER FOR 
ENTREPRENEURSHIP, for submitting my idea named above.

	(signature)		
			
		(Please print or type your name here)
			
			Street address
			
			City	State	Zip
		Phone:  	
			Area	
	Witness:  	


PLEASE fill out this form accurately and completely.  This information is necessary for the 
evaluation of your invention.


INNOVATION INFORMATION

FOR CENTER USE ONLY

NAME OF IDEA		File #  ____  ____  ____  ____

		Card #	____

1.	INNOVATION DESCRIPTION:  State a brief, but thorough description of your innovation in your 
own words so that it can be readily understood.  Please attach any supporting information that you 
have.
		
		
		
		
		
		
		

(If additional space is needed, please attach extra sheets)

2.	INNOVATION USES AND APPLICATIONS:  State any and all uses and applications for this 
innovation that you [7-8] have considered.
		
		
		
		

3.	DEVELOPMENT STATUS:

A.	I currently have . . .

		Idea only

		Rough sketches and/or diagrams		Enclosed

		Finished, working drawings		Enclosed

		Photographs		Enclosed

Copies of drawings and photographs would be helpful for evaluation.


B.	PROTOTYPE AVAILABILITY:

		No prototype

		Functional model or prototype

	(If you have a model or prototype, please enclose a photograph of it.)

	The prototype is:  Available, if requested  Yes ____  No ____

C.	DESIGN MODIFICATIONS:  What additional changes in the design have you thought about?
		
		
		
		

D.	I estimate the amount of time spent on the development of this idea is 	

	The actual amount of money spent on the development of this idea is 	
	dollars.


4.	LEGAL PROTECTION:  I currently have . . . 

	NO protection
	A PATENT Number ________ Issue Date ____________________ Copy attached 	
	a patent applied for  Application date	
	a Preliminary patent search  Date of search ____________ copy of findings attached	
	a Disclosure Document with U.S. Patent Office  Date 	
	COPYRIGHT  Issue date _______________________
	notarized records of invention


5.	PRODUCT TESTING:  Testing which has already been conducted includes:

none _____

functional testing (does it work as intended?)	conducted by self ____  independent agency ____

user testing (consumer understands and can use	conducted by self ____  independent agency ____
product with ease)

marketing testing (consumer reaction)	conducted by self ____  independent agency ____

product safety testing	

a.	when used as intended	conducted by self ____  independent agency ____

b.	potential problems if misused	conducted by self ____  independent agency ____


6.	MARKET INFORMATION:  (Please be complete, as this information is extremely important)

A.	Current competition--Please list existing products or processes that do a similar job.
		
		
		
		


B.	Competitive advantages--Why is your innovation better than existing products or processes?  
Please list the most important advantages in order of importance; i.e., Number 1 equals most 
important.
		
		
		
		
		
		
		
		


C.	Projected Market--Who will use your invention?  Please list users in order of importance; i.e., 
Number 1 equals most important.

	1.	Major users:  	
			
			

	2.	Possible other users:  	
			
			


D.	Previous Marketing effort--If a previous attempt has been made to sell your product, please 
supply the following information (please include complete results):

	Date(s) of marketing effort	
	Location of marketing effort	
	Number sold ________  Selling price __________
	Manufactured by	


	Reason for discontinuing marketing effort.  Please list most important reasons in order of 
importance; i.e., Number 1 equals most important.  	
		
		
		
		


E.	Previous agreements--I have entered into prior agreements relative to this invention with:

		Individual(s)		Purpose		Date		Still in effect
	
		


7.	PRODUCT COST  (Please include accurate source information, including telephone number and 
addresses.)

	Materials (per unit)		Date of estimate		Source	

	Labor (per unit)		Date of estimate		Source	

	Manufacturing equipment
	(dies, molds, etc.)		Date of estimate		Source	

	(If additional space is needed, please use separate sheet.)

		have made no attempt to gather this information.


8.	CUSTOMER ACCEPTANCE:  I have planned for or developed . . . 

		product visual appearance for customer appeal	___ proper user instructions
		packaging design for protection   ___ display   ___ shipping   ___ customer appeal
		none of the above
		with professional assistance	___ on my own.  (Please supply details.)


9.	FURTHER DEVELOPMENT NEEDED:  Please indicate in what order the items in each section are 
important to you; i.e., Number 1 equals most important.  Number 2 equals second most important.

A.	RESEARCH AND DEVELOPMENT

	___ determining technical feasibility
	___ researching manufacturability
	___ obtaining cost information
	___ analyzing customer acceptance and use patterns
	___ prototype development

B.	NEW OR ON-GOING VENTURE
	___ locating a manufacturer
	___ locating a distributor
	___ locating a new or expanded market
	___ preparing a marketing plan
	___ preparing a business plan
	___ locating a source of venture capital

C.	LICENSING OR SALE OF INVENTION
	___ locating a buyer for outright sale of invention
	___ licensing manufacturing and marketing for a royalty



10.	PLEASE STATE YOUR SPECIFIC NEEDS IF NOT COVERED BY QUESTION 9.  	
		
		
		
		


11.	PERSONAL INFORMATION  (This information is useful in understanding and assisting 
independent inventors; it is for statistical use only, and is kept confidential.)

A.	Current occupation (or occupation before retirement)  	
	Are you currently . . . 	Name of employer	
	___ employed?	Employer's address	
		your job title	
	___ self-employed?	Name of your business	
		your business address	
	___ Engaged in small business?	___ Engaged in large business?
	___ Retired?	___ Unemployed
	___ Student?	Where?		Major?	
	___ Faculty?	Where?		Department?	

B.	Birthdate ______________________		Male___	Female ___


12.	From what source did you first learn about the Center for Entrepreneurship at Baylor University?  
(Please be as accurate as possible, as this helps us in determining ways to reach independent 
inventors.)

		









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