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initial prototypes and models, product man- vances through research and development,
ufacturing, branding, idea commercialization, leveraging the technical expertise of team
and even providing education to inventors members, creating initial prototypes, and
from all corners of the globe. conducting feasibility testing of the prod-
The fundamental belief of RIT centers around ucts. Following product development, individ-
the potency of collaboration in generating uals receive assistance in establishing their
innovative and pragmatic solutions that can product branding, attracting their target au-
make a positive impact within communities. dience, and addressing legal and financial
Based on a precise and principled under- considerations.
standing of the realm of inventors and idea Over the past 3 years, RIT has independent-
owners, the project managers of this initia- ly achieved success in 368 projects, and
tive have recognized over the years that this impressive record of accomplishments
a crucial missing link in the process of led to RIT’s integration into IFIA as one of
commercializing inventions and innovations the federation’s initiatives in the year 2023.
is the absence of proper technical, legal, It is noteworthy that RIT currently possesses
and financial justifications presented to po- 3 technical studios, 2 administrative offic-
tential investors. With established offices in es, and one educational and consultancy
Switzerland, the United Arab Emirates, Iran, center, enabling it to undertake up to 800
and Canada, all members of the team within projects annually as part of the IFIA Re-
this department are dedicated to continu- search Innovation Teams department. RIT
ally enhancing these services, with the aim remains steadfast in its commitment to as-
of better-serving inventors, innovators, start- sisting inventors globally and is dedicated
ups, and other stakeholders. to harnessing the latest technologies and
The primary goal of this team is to aid available advancements to offer advanced IFIA Magazine Septeber 2023
individuals in transforming their ideas into and innovative solutions. Its mission is to
successful products by offering a compre- contribute to sustainable development and
hensive range of services. This process create environmentally-friendly products that
commences with idea evaluation and ad- align with social responsibilities.

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