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Stage 2. I need investors to help get my invention to the market?

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  • 17-05-2012 4:48pm
    #1
    ByronB
    Banned (with Prison Access) Posts: 85 ✭✭


    I have recently had my innovation reviewed by professionals and have spoken to a design consultancy firm with very positive feedback.

    My local enterprise board have being less than helpful in getting the ball rolling for me, before disclosing anything relating to my idea they told me i would have to pay all costs related to progressing up front and they may reimburse me half of the costs.

    BOI or AIB also do not offer any financial help to someone unless you are at the stage of going on Dragons Den.

    I would of course part with 50% of the earnings made from selling/licencing this product if only i could get someone or a few people to be my venture capitalists as i have being at this for a while and i know i am on to a winner.

    Thank you for any advice/help.


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    #2
    bogwalrus
    Registered Users Posts: 1,454 ✭✭✭bogwalrus


    Have you tried seedups.com?

    You could crowdfund your investment. There is a few other websites out there that might help. Basically if people like your idea they will give you money in return for capital etc.

    The main thing first would to be to make sure someone cant just knock off your idea easily. Most great new inventions are difficult enough to find a complete patent etc. You could have a great invention but too risky to market due to its ease of replicating. So many other reasons for someone not to invest in a good new invention even if it does look like it could make some money.


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