IFIA-International Federation of Inventors' Associations Revenue and Competitors

IFIA, which convenes more than 175 members from 100 continents of the world, is responsible for equally and internationally supporting the inventors all around the world. Since the inception of its activities IFIA has struggled to disseminate the culture of invention and innovation, and to make the public aware of the importance of inventors for the welfare of society without them it is impossible to keep up with the fast-evolving and modern technologies. The other objective for which IFIA has not ceased striving is the protection of the inventors’ rights. IFIA organizes international invention exhibitions, scientific seminars, workshops with the cooperation of other international organizations to provide an opportunity for its members to showcase their innovations and benefit from its wealth of knowledge. Besides, IFIA holds International Congress and Conference where all of the members can freely engage in dialogue and exchange their views in respect to further promoting the inventive and entrepreneurial spirit. Moreover, Social networking at IFIA events allows organizations to expand their contacts and knowledge base to explore possible commercialization with various stakeholders. The federation's resources are derived from donations and legacies, sponsorship, public subsidies, membership fees, or any other resources authorized by the law. The funds shall be used in accordance with the Association's social aims after gaining the approval of Executive Committee