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Invention Funding

Postby mpaulus » Thu Oct 18, 2007 12:14 pm

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Where is the best place to go to get grants for funding the invention process.

I also need help in the building of the first prototype. My skills for building this particular product are lacking and need help.

Postby makeworldbetter » Thu Oct 18, 2007 4:25 pm

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stand up, right arm reach back. Pull your wallet from back pocket. Opens it up and look into it. There you go.

Postby Michelle » Thu Oct 18, 2007 6:18 pm

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Welcome to the site.

Here's how to get started.

For prototyping, it really depends on what it is and what you need to build it.

If you look around and read up on http://inventorspot.com/invention_information
for relevant stuff, hopefully that is helpful.

Postby Michelle » Fri Oct 19, 2007 4:19 am

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Here's a website for angel capital sent to me earlier today.

If anyone checks it out, let me know if you think it's a good resource to adf t our financing section of Inventor Information


Postby bottleslingguy » Sat Oct 20, 2007 6:12 am

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This should be a FAQ. Hey Michey, maybe new folks can get some sort of welcome package when they sign up? It could be a bunch of those links (like you sent to mpaulus) to point them in the right directions to get started. Just a suggestion. No obligation on your part.

Postby Michelle » Sat Oct 20, 2007 8:43 pm

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Thanks for the idea.

We'll see what we can do.


Postby Archeryrob » Tue Oct 23, 2007 12:09 pm

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You can build prototypes. Everyone I know is amazed how I have built proto's of injection molded parts from acrylic rods, tubes and flat sheets. Heat it slowly and bend it around a form and it's curved.

I am in the same boat. you need money. I am making a web site and networking with like minded small companies to promote each other. Advertise for some one looking to invest. After patenting of course.

If it's a good idea people will talk and investors or a licensee will hear.


Postby grahamms » Wed Oct 24, 2007 7:54 am

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Welcome mpaulus!
As for creating a prototype, ask yourself a few questions.
1. What is the goal of this prototype?
Is it to prove out a mechanism, work on ergonomics, figure out aesthetics, determine manufacturability, or strictly for presentation purposes.
2. Will you be showing this prototype to others?
For example retailers, manufacturers, or using it for licensing or sales or marketing?
3. Is a physical prototype necessary or will a 3D computer model suffice?
As 3D software becomes cheaper, easier to use, and more ubiquitous; more companies are skipping the prototype process. There are benefits and drawbacks to each option.

If you post the answers to these questions, then we can start offering suggestions. It sounds like archeryrob has a technique for creating aesthetic and possibly functional plastic prototypes.

Look forward to see you around,

Postby Work2XL » Wed Oct 24, 2007 9:05 pm

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I'm going to be going through the "seeking outside finance" side of my project within the next couple of weeks. If anyone is interested I'll start a thread and give some details of the steps and progress. I'm going to be going through a bank. It will be my first time seeking financing. If anyone has any suggestions or criticisms I'd be open to it.

Is it worth the time to anyone?



Postby Michelle » Thu Oct 25, 2007 7:53 am

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We would love it if you would do that. And once the process is over, if we could get a resource article from you to add to our Inventor Information section, that would be awesome.