It is targeted to avoid abductions and save lives of our children, handicapped and elderly people.
I have tried calling many places seeking interested parties and/or investors with no success. So far the most common response is something like (it sounds good but I don't fund any projects, or I'll be happy to help you if you hire me). I do not have a prototype. I can not afford to produce my project. I will need multi engineer assistance, and RDIF semiconductor manufacturing to make it.
Does anyone have any suggestions and/or ideas of who or how I should go about getting my idea marketed. You do not know all the details, so assuming it were as good as I think it is, how should I approach this task?
I thank you for any suggestions. Alexander Villarreal
2006-09-08 17:14:52 · 10 answers · asked by Alexxander 1 in Business & Finance ➔ Advertising & Marketing
First, you need to patent your idea before someone else does. Then you can continue trying to seek out some investors. Try putting an ad in the newspaper classifieds in some big newspapers like the NY Times, etc. You need money, and someone out there will be willing to offer some capital. Also, contact the highest branch of government you can. If your idea really will work, they will be all over it.
Sorry, just realized you already have a patent. Well, at least you're on the right track.
Definetely try to create a prototype to model the product, even if it isn't a working model. Or, draw very detailed renderings and create information booklets about it. You need to look prepared for any big investor to take you on.
2006-09-09 15:48:45 · answer #1 · answered by Candice F 3 · 1⤊ 0⤋
The product is targeted to avoid abductions and save lives of our children, handicapped and elderly people. The best place to start is your local government. Your patent should offer you the protection needed.
You should also do an indepth business plan for the product accompanied by a MS PPT presentation so that you can make an impressionable presentation to the government. If the government buys into your product idea, they will find the necessary resources to manufacture the product and you will earn from it. Please make sure you understand how a patent works to avoid being short changed. Legal help is also advisable. All The Best!
http://www.howstuffworks.com/patent.htm
http://www.wellcome.ac.uk/doc_WTD002812.html
2006-09-09 12:05:59 · answer #2 · answered by Coleen W 4 · 0⤊ 0⤋
If you know your Paten will hold up in court beyond a shadow of a doubt the best way to get it to market is to take your patented idea to a successful business that is already in the business of trying to fill the same need that your patented idea would try and fill. If there are multiple businesses already trying to meet that need bringing your patented idea to the number 2 or 3 guy might be just the advantage that company is looking for to try and gain market share. Chances are they already have all of the resources you would need or may be able to ever get on your own. The other advantage to this is that they also have production and distribution all ready in place decreasing your time to market by potentially years. If your patented idea is that good, just a small share of each sale will be more than enough to provide financial freedom for yourself and many generations.
2006-09-08 18:00:34 · answer #3 · answered by do it all web.com 1 · 0⤊ 0⤋
I would set up a business plan and a marketing plan and do good research. Then I would get a patent attorney to patent the product. I would also have non-disclosure non-compete agreements signed when presenting the idea. I would then go to a university and talk to a few of the professes, maybe they have a Research assistant that needs a project, also they have connections to corporate funding. Secondly, I'd take it to high tech venture capitalist firms.
2006-09-16 16:44:26 · answer #4 · answered by MarshaMarsha 3 · 0⤊ 0⤋
My suggestion would be to contact some Universities (research and development areas). Perhaps the University can fund this as part of a project? Just an idea.
2006-09-08 17:20:08 · answer #5 · answered by Chris 2 · 0⤊ 0⤋
My suggestion would be to contact some Universities (research and development areas). Perhaps the University can fund this as part of a project? Just an idea.
2006-09-08 17:18:06 · answer #6 · answered by 'Barn 6 · 0⤊ 0⤋
document a proviosnal patent on your guy or woman then with the help of an lawyer or a patent business enterprise, marketplace the belief to ability traders. look for investor web pages the place you could submit an upload with an exceedingly short discreption of what you're searching for, no longer the truthfully concept
2016-11-06 22:49:23 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Contact the editors of Red Herring magazine, they are all about Venture Capital and maybe able to point you in the right direction.
2006-09-08 17:18:33 · answer #8 · answered by dhebert244 3 · 0⤊ 0⤋
look for angel investors in your area
they'll want to be sure that your idea will succeed, and they'll want compesation if they fund you(more so than from a bank)
2006-09-09 16:28:42 · answer #9 · answered by Dwight D J 5 · 0⤊ 0⤋
Contact somebody of your local government and tell them about your idea
2006-09-08 17:17:08 · answer #10 · answered by Anonymous · 0⤊ 0⤋