Comments on: Is it hard to get money for Startups? http://venturecapitalmagazine.com/index.php/is-it-hard-to-get-money-for-startups/ For Entrepreneurs & Venture Capital Investors Tue, 01 Feb 2011 08:59:19 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Dan Tuuri http://venturecapitalmagazine.com/index.php/is-it-hard-to-get-money-for-startups/comment-page-1/#comment-176 Dan Tuuri Fri, 27 Feb 2009 23:48:13 +0000 http://venturecapitalmagazine.com/index.php/is-it-hard-to-get-money-for-startups/#comment-176 <a href=""></a> The first thing you should do is perform a patent search. Once you've found that your idea truly is unique apply for a provisional patent. The provisional patent is under $100 if I recall correctly. This will allow you to better protect your interests as you continue to develop your project. Once you've got the provisional patent application in hand you can talk much more openly with local lenders about your idea and seek investors. You may wish to talk to your local chamber of commerce or a business that would benefit from your product and ask them to help you prepare. Many inventors end up going into debt while building their projects (credit cards, home loans, etc...) Best luck in finding an investor for your invention!

The first thing you should do is perform a patent search. Once you’ve found that your idea truly is unique apply for a provisional patent. The provisional patent is under $100 if I recall correctly. This will allow you to better protect your interests as you continue to develop your project.

Once you’ve got the provisional patent application in hand you can talk much more openly with local lenders about your idea and seek investors. You may wish to talk to your local chamber of commerce or a business that would benefit from your product and ask them to help you prepare.

Many inventors end up going into debt while building their projects (credit cards, home loans, etc…) Best luck in finding an investor for your invention!

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