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News and PR
 

Mensa Announces the First Global Ideas Factory

The High IQ Society participates in a program that will help inventors, entrepreneurs and investors turn their ideas into profit.


ARLINGTON, Texas - August 3, 2000 - American Mensa announces that its parent organization, Mensa International, has entered into a licensing agreement to create Mensa Intellectual Capital Ventures, Ltd. (MICV).

MICV provides a pool of mental capital for any serious player who wants to convert ideas into profitable working reality. Based in Cambridge, England, the UK's hotspot for technological creativity, email project teams and online group think-tanks will be coordinated to enable specialists from across forty countries to focus their knowledge and skills on particular challenges.

By combining Mensa intelligence with the technology of the World Wide Web, we will be able to aid creative people in realizing their goal of seeing their invention find a market in today's global economy, said Dave Remine, Mensa International Chairman.

For inventors, it means an honest evaluation of their ideas and direct help in bringing them to market. For investors and entrepreneurs, it means a direct link to good ideas and access to consultants who can provide expert advice on complex matters.

It is a win-win-win solution for everyone. The inventors get a qualified panel to thoroughly examine their ideas, and if deemed worthy, have access and recommendations to venture capitalists for funding, said Bob Beatty, American Mensa Chairman.

The aim is to create a new way of accelerating the pace of technological innovation by bridging the gap between ideas and capital.

Linking the 'Mensa' brand with the IQ assets of the world's most creative minds across the Internet will create the first Global Ideas Factory, said Peter Bennett, one of the MICV developers. This is the next generation of dot.com businesses and I believe it will be very successful.

For more information visit the MICV web site at www.mensaIQcapital.com

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Contact: Catherine Barney
817 607 0060


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