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| Forum name | Startup Stew |
| Topic subject | how to patent an idea and get grants to get it started |
| Topic URL | https://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=119&topic_id=2300 |
2300, how to patent an idea and get grants to get it started
Posted by superuther76, Wed Mar-07-12 09:23 AM
I have an invention that i would like to patent and sell. It is a devise that will help people in wheelchairs(like myself)get around better. and i need moola to get that started. Any ideas or advice?
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2307, RE: how to patent an idea and get grants to get it started
Posted by nightsky, Thu Apr-26-12 12:01 AM
I'd suggest getting your patent (google search for how-to, then get an attorney to do it or you)... then approach businesses that your product would benefit and try to sell it o them. You can get upfront cash, plus a royalty.
Let them market it. Thy are already set up for that.
Good luck!
>I have an invention that i would like to patent and sell. It
>is a devise that will help people in wheelchairs(like
>myself)get around better. and i need moola to get that
>started. Any ideas or advice?
Jeff S.
Night Sky Murals
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2310, RE: how to patent an idea and get grants to get it started
Posted by GreatEnergy, Sat May-05-12 02:17 PM
Sounds like a great invention, and there are a few different ways to finance it. Much like starting a new business, inventions require capital and additional funding. Here are some ways to achieve that.
Bank Loan - Banks have a hard time loaning for inventions, but drawing up a good proposal will help tip the scales in your favor.
Borrow - You may have to borrow from friends and family at first if you want to avoid going to a bank for a loan.
Government Grants - Many branches of government offer grants for the research and elopement of inventions. Just be surety be specific and go to the right branch (department of health in this case, I assume).
Find an Investor - Venture capitalists are always looking for profitable new ideas to invest in. Put out an ad in the appropriate publication or search for those with some extra money that could help finance your project.
Kick Starter - This site allows for donations to be made to a specific project by offering supporters a variety of prizes. This may be the perfect way to garner online support.
Hope this helps!
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