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Funding needed for a new energy technology idea.

 
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pranabjyoti

posts: 2

Feb 05, 2011 9:56 PM ET    Quote  Report Abuse
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I have theoretically developed an idea of producing electricity in solar thermal mode by using atmospheric heat in addition to solar heat. This technology is actually a combination of processes that are well tested and now in use. But, mainly for lack of finance, I haven't been able to make a working prototype yet. I want to go into joint venture with this idea. I will handover the data to the investor and he/she have to fund the prototyping and testing and patenting of the technology. The investor will be an equal partner in the patenting and will get half of the licensing amount that will be collected from prospective licensees.

If any investor is interested, kindly contact me at pranabjyoti_calcutta@rediffmail.com.

unlimited22

posts: 75

Feb 05, 2011 10:34 PM ET    Quote  Report Abuse
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The are billions of doallrs in grant funding for green energy solutions. Have you considered this option?



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pranabjyoti

posts: 2

Feb 06, 2011 1:42 AM ET    Quote  Report Abuse
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I don't from which country it is from, but I am sure it isn't from India, my own country. As far as I know, if it's from US, then a US citizen partner is necessary. Probably that's true for other European and American countries too.

BMT2010

posts: 126

Feb 08, 2011 10:16 AM ET    Quote  Report Abuse
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I think your best efforts might be to get out in your country's major industrial areas and begin to network.  Look for investors but also look for people (like CPAs, attorneys, other business professionals) who have the ear of investors. You could also work your personal (school, family, friends) and business networks.

Without a working prototype and some small track record, it might be your only option of attracting investors. 



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allianceonellc

posts: 60

Apr 26, 2013 6:13 AM ET    Quote  Report Abuse
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Getting money to start up a new business, that's one of the biggest challenges a startup business needs to address. However, if you write a convincing business plan, then your chances of obtaining funding are greatly enhanced.

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