A non disclosure agreement (NDA) is a vital tool for inventors. You need to get anyone you speak to about your invention to sign a NDA before you discuss it. Without one, you could risk your idea being leaked and stolen by someone else. What’s more, you need to be clear that you have kept your idea to yourself if you want to apply for a patent. But what exactly is a NDA?
A NDA is “a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement”.
Find out more and get support as an inventor:
She’s Ingenious! www.shesingenious.org
The British Inventors Society www.thebis.org