After admission

Idea Auction Process

Once an idea is admitted, viLynk values it, runs a structured auction, and lets the innovator pick the transaction model that captures the most long-term value.

Idea valuation

Every admitted idea is scored across five dimensions before going to auction. These scores set the reserve price and inform buyers.

Innovation score

Originality, defensibility and technical depth of the idea.

Commercial potential

Revenue model, margins and path to monetisation.

Technology readiness

TRL stage from concept to production-ready solution.

Market size

Addressable market, growth rate and geographic reach.

Comparable transactions

Benchmarks from similar deals, licences and acquisitions.

Auction types

Innovators choose the format that fits their goals — speed, price discovery, confidentiality or strategic fit.

English auction

Open bidding, highest bid wins.

  • Starting price: $10,000
  • Company A bids $15,000
  • Company B bids $20,000
  • Company C bids $30,000 — winner pays the highest bid

Sealed bid

Confidential offers, innovator chooses.

  • Interested companies submit private offers
  • Innovator can pick highest price
  • Or the best strategic partner
  • Or choose licensing instead of a sale

Reverse auction

Corporates post challenges, innovators compete.

  • “We need biodegradable packaging.”
  • Innovators submit competing solutions
  • The corporation selects the winning team
  • Contract or licence is awarded to the winner

Multiple transaction models

An idea owner can choose how to monetise — often generating more long-term value than a single one-time sale.

Type
Description
Full sale
Transfer ownership
Exclusive license
One buyer gets rights
Non-exclusive license
Multiple buyers
Regional rights
Sell by country
Industry rights
Sell by sector
Joint venture
Partnership
Royalty
Earn recurring income

This may generate more value than a one-time sale.

Revenue model for viLynk

Suppose an idea sells for $100,000. Here's how the proceeds are split.

Innovator
85%
$85,000

The creator of the idea keeps the majority.

Admission partner
5%
$5,000

Reward for sourcing and guiding the project.

viLynk
10%
$10,000

Platform, valuation, auction and legal handling.

Or for licensing

viLynk takes a small percentage of each royalty payment — innovators and admission partners earn recurring income for the life of the licence.

Ready to list your idea?

Submit your project, get evaluated, and choose the auction and transaction model that works for you.