Raise Initial Funds with an Investor Presentation

Often inventors need to raise some early investments to help pay for prototypes, patents or other items to help get the project off the ground. You have three goals: one, avoid trying to write a 40 to 50 page business plan, two, to show you are serious about taking your product to market, and finally, you need to show your idea has a real chance to succeed. [Read more...]

The First Steps in Raising Money

Nearly every inventor has problems with money shortages. Even the best planned product introduction, using all of the low-cost methods available, can be very expensive, especially when it comes to prototypes and patents. Most inventors need to raise money sooner or later in their product introduction, but raising money can be very difficult. In this series we will teach you that by laying out a good plan for raising money in advance can be the ticket to getting the big investments you may need to bring your product to market. [Read more...]

Crowdfunding

Crowdfunding is a way of financing a project by pooling the donations / contributions/ purchases of many individuals.  This has become an emerging method for inventors trying to raise money. Here is a short list of some of sites that do crowd funding. www.kickstarter.com/ , www.techmoola.com/  , www.profounder.com/ , www.rockethub.com/ , www.indiegogo.com/.  Click here for a large list of crowd funding sites. [Read more...]

How to Create a Presentation to Raise Initial Funds for Your Invention

Often inventors need to raise some early investments to help pay for prototypes, patents or other items to help get the project off the ground. You have three goals: one, avoid trying to write a 40 to 50 page business plan, two, to show you are serious about taking your product to market, and finally, you need to show your idea has a real chance to succeed. [Read more...]

Need Money for Your Invention?

Want to raise some money for your invention? Kickstarter.com offers an innovative new way to raise money. You post your idea, how much money you want and what you will use that money for. Then people will see your idea and if they like it, they can pledge money. Their credit cards aren’t charged until enough money is pledged to meet your goal. So if your goal isn’t met, no one’s credit card will be charged, making it an all-or-nothing kind of fund raising. Best of all, you keep all rights to your idea and kickstarter keeps just 5% of the money raised.

Funding Sources – Part 2

Raising Big Money

Professional Investors

These are people who are looking to put serious money into a new product or business that has the potential to give them a good return. They may put anywhere from $50,000 to $1,000,000 into a project. Expect them to be very careful about where they put their money and check and double check everything about your product and business. Also expect them to try to negotiate a deal that is good for them. You can find these investors through other start-up companies, at entrepreneur clubs or venture conferences. [Read more...]

Need Money? Get a Mentor

As we have been writing about raising money, we have also mentioned that to gain trust of investors, you need experienced people as mentors, advisors or even consultants on your team. Many people underestimate the importance of having experience on their side, so when I found this article on having mentors to raise money, I decided to share it with you.

Funding Sources – Part 1

Nearly all inventors need extra funding to bring their product to market. But where do you find this funding? Who can invest? Are there other ways to get financial help besides through investments? These are the questions we will answer in this two-part article. [Read more...]