Financing Your Invention
Turning Your Invention Idea Into A Product You Can Sell Is Expensive
Having a great new idea for a product is great but an idea is not an invention. Taking a great idea that you have and turning it into something you can make money from will take a lot of time and a lot of money. If you do not have the money to fund your invention idea, you will need to find other sources for financing to help you turn your idea into a product. If you do not have the money to finance your invention idea yourself, you will need to finance your invention with your time and effort. There is money available out there to help you. But you will have to find it and earn in. Here are some resources to help you finance your invention.
Crowdfunding - Tips, Advice, Insights and How Tos
Financing and Loans for Your Invention Or New Product Idea
Government Resources for Financing Your Invention
National Science Foundation - Promotes and advances scientific progress in the United States by competitively awarding grants and cooperative agreements for research and education in the sciences, mathematics, and engineering. Includes extensive list of funded activities.
Crowdsourcing and Invention Competitions
Quirky.com - Anyone can submit an idea, the Quirky commmunity helps develop the idea and winners are chosen every week to get their products developed.
InventorSpot.com - post frequently on all the various invention and product competitions and contests looking for new product ideas.
Crowdfunding -online source for microfinding for your invention idea
vFinance - Directory of about 1500 Venture Capital Firms, 25,000 Angel Inventors and Sample Business Plan Templates
National Collegiate Inventors and Innovator's Alliance - fosters invention, innovation, and entrepreneurship in higher education through college grants.