Does anyone know how I can get sponsorship or funding for an invention?

Question

I have an invention but do not have enough fund to get a patent right for it.I have have signed a confidentiality agreement with a product development company.They have assessed my invention and were pleased with my presentation as they evaluated that it's got great prospect.Please tell me what to do.

Answer 1

tell me, and i will consider it, wont tell any one promise
lol

Answer 2

Your local Business Link may be of some help regarding funding but it must come under either R&D or marketing. If you live in a town where there is a University they may be able to help as they sometimes have budgets for assisting people in the process of getting a Patent. If none of these things work, contact Knowledge House on 0191 5164408 or email [e-mail] they may be able to help if you are in one of their areas. Hope this helps as you certainly need it. You could try asking the product development company if they are prepared to fund your Patent application for a larger share of the prospective earnings from the product. That way they will be 'putting thier money where their mouth is'

Answer 3

I am not a lawyer but I am in the private investment business. Here is my advice:

Get a good lawyer who regularly represents small businesses and start up companies. Get referrals and check references. Your lawyer should be able to provide you with some basic documentation to raise funds. Start talking to angel investors - accredited investors who you can sell private securities to because they make enough or are worth enough. Hold meetings in your lawyers offices (better look and feel). Make your presentation to investors (in small groups of 3-5) without your lawyer present. Ask investors to to invest $25,000 to $50,000 each for a very small percentage of the company. Keep enough equiry for yourself so you can raise more capital when needed with a 2nd, 3rd and 4th offering (if needed) while still retaining a meaningful piece for yourself. A good lawyer can walk you through all of these steps.

Answer 4

in case you have replied one those severe powered commercials from television, promising to industry, patent, sell, and stumble on a MFG., ignore it. they do no longer seem to be respected. Many inventors have been swindled for as much as $10,000.00 & greater. They do no longer something. those clothing have never grew to become down an invention. The confidentiality isn't any project. do no longer sign their settlement. do no longer. i've got been there, and after analyzing the settlement, this is valueless, yet will commit you to $$$$. you could practice for a patent your self even though that's somewhat in contact, and there's a value. there's a valid orginization which will evaluate . the fee is around $250.00. attorneys could fee up 5-6,000 money., alongside with a patent examine, somewhat in contact, yet needed. After employing a million a million/2 years in the past, the USPO has pronounced my criminal expert this is going to likely be six years to concern a patent. that's completed faster with one greater fee. I labored on mine for greater beneficial than 8 years, and nonetheless getting better. i do no longer see a industry this cutting-edge day. fee is an argument. you're welcome to e mail me in case you like. reliable luck!

Answer 5

I think that if the development company you mention thought it was a good invention, THEY would have developed it, so its really telling you, its not so good an invention.

Answer 6

Get a good lawyer to protect you.Goodluck with your invention

Answer 7

Chamber of commerce; patent office etc.

Answer 8

have a yard sell every so often and add it to your funds

Answer 9

www.fundingagents.com

Answer 10

Hmmmmmmmmmmm... let me think................................................................Sorry dont know the answer! :oP