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Need help with Funding

 
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Bluegroup

posts: 1

Aug 22, 2009 8:58 AM ET    Quote  Report Abuse
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I have a very good product that me and my business partner are working on, won't give to much info on it because no patent has been issued, but can tell you it is tech based, handheld, has many applications and will make huge profits.   If you are in a postion to help fund a new product I would love the hear from you.  sam31503@aol.com



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byrneof01

posts: 230

Sep 11, 2009 11:07 AM ET    Quote  Report Abuse
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Get the patent and start selling your product. Even with a patent, you will need traction in order to get investment. You will need to show that there is a market for the patent. Try to negotiate deals with companies who may use your patent. Then if you need additional funding, your hand is strong. Also, VCs will not sign an NDA so get your IP sealed up before you show it to them.

migmig

posts: 1

Sep 15, 2009 5:45 PM ET    Quote  Report Abuse
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Yeah, A little more info would help, size of market, competition etc...

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