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Where can we get financial support for a new marketable invention so as to turn it into a reality ? |
Have heard of investment bank..., Angel investors and A venture capitalist (to be honest and dont really understand how they work) It really depands where you are... There are sometimes govenment or industry grants that can help get started. Their is some local government progrtams that can seed the startup if it looks viable, sometimes a charity or youth organinastion may help if it can be part of a training or employment program that leads to better skills and employment for others... VCs and Angels usually need a viability statement and a management team and a product that is finished testing and ready to go... neither! i,d try trevor bayliss? (the guy who invented the wind up radio) i was reading an article the other day & he gives free advice for inventors because there are a lot of companies out there who will try rip u off. the site even supplies things like an confidentiality agreement so a prospective company wont try 2 copy ur idea. good luck & hope this helps Other than your own personal savings, which hardly any of us would have enough of to start a viable business venture, your only other options would be a personal bank loan or, indeed, going to a business angel. Check out your local Regional Government funded Enterprise comany. Go to the Citizens Advice Bureau and see what is on offer locally. Beware of imitations and get a copyright/ patent. Check with the Patents Office. |
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