Mockett Design Competition

Are there any restrictions for entry (i.e. age, profession, student or professional credentials, etc)?
No, there are no restrictions for entry. Everyone is allowed and encouraged to submit ideas.

Are international entries accepted?
Yes!

Can I submit a video entry?
Yes, there is a place to upload a video demonstration or explanation within the submission form. All videos must be accompanied by a PDF presentation and a clear write up of the design.

Will I still own the rights to my design?
Yes, you own rights to your design. But you license the design exclusively to us to make and distribute for 15 years. After 15 years we can continue to sell the part, and you can also arrange to have anyone else do the same if you choose.

What are the terms for royalty payments?
Royalties are paid annually. They are paid by March 31 for the prior year. Royalties are paid at the rate of 5% of what we sell the part for. They run for 15 years from the date of first sale. This is important because it often takes a year or more to bring the design through final design and manufacturing to be ready to sell. It is not uncommon for a winning design from 2018, for example, to not be ready to sell until 2019 or even 2020. For example, a 2018 winning design that has its first sale February 5, 2020, would run 15 years from February 5, 2020 -- until February 4, 2035.