QUESTION:
I have submitted a patent idea to a company, and they need $1,200 to do the patent search, design, and study group before looking for a buyer. I have no money available, as I have just started a new job. I would like to know if there any investors that would be willing to take a chance with me, or if you have any help for me to move forward. Thank you very much.
ANSWER:
Naomi Kokubo
by Naomi Kokubo, Cofounder of Founders Space
This is a good question, and I’ll do my best to answer it. First of all, your idea probably isn’t worth anything until you are granted the actual patent, and that takes years and usually costs thousands of dollars for the legal work (unless you can do it yourself).
Any company that is promising to sell your idea for $1,200 is probably a scam. Very few individuals or corporations will buy an idea, provisional or pending patent, and if they do, it’s usually not for a lot of money. Most individuals and companies buy patents once they are granted. That’s when they become valuable.
Before you spend $1,200 to have this company do the patent search, design, and study group, please do your homework on them. Check references. Find out exactly how many patents they’ve sold, for what amount, and how the entire process works. Also find out what additional money you’ll need to spend and what happens if your patent idea does not sell.
You can file a provisional patent on your own for less than $1,200, and this gives you a year to file an actual patent. Again, I wouldn’t waste my money and time unless you’re prepared to go all the way, and that’s expensive.
On another note, it’s hard to find people who are willing to invest in patents. Most investors are looking to invest in startups that have a much larger upside than an individual patent. Unless you have a very unique discovery that will have a huge impact on a large industry, the chance of finding an investor or buyer for your idea is slim.
If you want help connecting with investors and getting feedback, I recommend coming to one of our Founders Roundtables. We’ll connect you with other entrepreneurs, who are going through the same thing, as well as lawyers and investors, who can provide valuable advice.
I hope what I wrote above helps a little!
Hi,
I am MD . Shimul hasan. I live in Dhaka, Bangladesh. I am a student as well as a full timer businessman. My business type is importing products from UK .My items are uk’s cosmetics , breakfast serials and chocolates. I am selling these products to the wholesalers and buying from uk’s warehouse. My friend khalid who lives there and helping me for this business. I have an idea if I can import a big quantity of these products I have a lots of link to sell .Because I have been working for 7 years in this line. Now the main fact is I need a investor who wants to invest on my business and it can be said that he or she will be profited. For investigation you can visit gulshan 1 .DCC shopping mall..everything will be under a company procedure. You are invited
Thank you
I have am idea , which creates a different kind of energy in people , the idea generally relate with the food product , which we can make as energy drink.
in real this is the drink that people can enjoy and make any where any time and get that taste which is look like something that they want so the idea behind this product is the people need so i am looking for an investor who can thing and understand the product which create a huge market in next few years .
I have an idea for my new project based in mumbai, india for which I am looking for an investor.project will cost around 25L. Interested person can contact me thru whatsapp on 9320405055 or drop a mail to parthmagia88 at gmail dotcom thanks in anticipation
hello
my name is saleh and i am from jordan .
I’ve been coach of Athletic Club and has created 20 new
sports machine (eg machine more than the length of
a person from 4 to 7 cm) I do not have adequate funding
for their registration in the patent . And I have also
projects may come fictional profits .
And if you are interested , please communicate with me .
best regard
Hello
We represent a group investor to deprive
We are in search of serious and profitable project to invest.
We also invest in any serious company.
our interest rate is relatively low compared to that of the bank of your country
Thank you to contact us for more information
Cordially
At first a company wanted 19,000 my ideal is going to change the game of football for everyone.they now have went from that to 1,095 if u want to know more contact me at 779-707-2518
I am a 62 y.o. senior, largely self-employed since 1986 and solely self-employed since 2000. Twenty-eight years ago I thought of re-packaging a common household item to make it a much more practical and usable product. This product is likely used daily, as currently packaged, by 60% or more of U.S. households and possibly as many as 25%-30% or more of households world-wide, and these figures are believed to be conservative!
The benefits of repackaging this product include, but are not limited to: 1)less waste; 2)more profit for retailers; 3)more purchase options for the consumer; 4)higher consumer satisfaction and 5)changes can happen immediately because it’s an existing item.
I’m seeking a partner with whom I may share this idea and make it a reality. I would appreciate contact from the right individual(s)at [email protected].
I’m looking for investor for my new project called iLED.
these is a unlimited battery that has a technology of Optoelectronic technology which means it is a LED dependent battery that have an infinite cycle of P-N Junction Diode…. like a LED solar cell…
Im needing about $4,000usd for these Project..
to contact me these is my email: [email protected]
I am in the process of getting a patent done by a firm, they said it would be a ongoing design . That would be manafacture. If i could find an invester interested for percentage.
It breaks my heart watching so many great people with good inventions getting robbed or used of their ideas and inventions. Back in the 1960’s you did not have to go through any agents or third parties or pay money like a sucker to reach a CEO to present your ideas. Bosses back then had respect for man and their ideas. Bosses paid the public sector for their ideas. Today, selfish and greed covered the market with agents controlling the avenue for your presentation of your idea to a company. Today, you cannot trust “no-one.” I have been robbed two times like a fool did not learn the first-time. Today I have an idea for all homeowners and businesses for the holidays, and I think I slipped again. Good luck my friends.
hello, i have an idea to revolutionize the industry of vehicles.
its a motivating idea that will sell and that will change the way people
will travel around, the way it should have allways been. its green, made out of natural materials, strong and extremely lite, reinginered transmission brakes and wheels, elegant aero design. it consists in 2 distinct creations, but i need the funds to create the prototypes and get the patents.
if this short description interests someone, this is my email: [email protected]
in the mean time ill be working on finishing all the technical
drawings and finding an investor here in belgium.
I think different and got few ideas to implement but no money to invest. If any of the investors here interested to work with me can approach me through my email: [email protected]
Lets make money together !!!
I have been working with the invent help for eight years pursuing New ways to enjoyed a comfort ride built in massage in business seat / first class in all worldwide international aircraft. Now I have a u.s Patent idea with legal rights and ownership. Recently spoke with the ACT Aerospace in Gunnison Utah and they are willing to produced my products but I might need to provide some sort of funding to start the process. I did research on it and found nothing closed to this idea. It is a well sketched art detailed by me and it is ready to be sell. The design of this idea is superior . This idea worth 250 millions if it’s a go. For right now I’m reserving my spots. For that opportunity to find an Investor who’s willing to invest in my Patent idea. Will get a fair percentage. Help me help you. Funding some money to produced my Prototype. For international aircraft it would cost a little bit more than Domestic flight. So jbut for now Lmk if any Invester would help me. Give me a call @ 385-209-6796 or shoot me an Email at [email protected]..
Hi, I have one great medical idea and one great medical product that I make myself and it works for me with my acne problem. I am looking for an investor. Please email me if interested at [email protected]
I have a unique desegn. For paint products. For more info.
If your looking for someone to upgrade or complete a project. Trouble shooting is my speciality. Please contact me if interested
I have an idea that can assist especially the drought stricken areas of Southern Africa. Please assist me or get me anyone interested.
Hello,
To the one who have an idea and is in progress of getting a patent, try Shark Tank and make me a millionaire show. or the one that need to sell their idea go online to look for a company that help you make and sell your idea: I have seen many, ask how much they charge for the fee first, and do not go with them. Others charge a fee to search for your idea, do not work with them. Try one that could get you a Provisional patent for 1 yrs. while they work on your idea. Have anyone one tried Edison Nation?
This is one way to make good money, but is hard, so be careful who you work with of invest.
I have a idea have no money to do anythibg with it just want to sell my idea straight out with no ties to it helo me please
Hi my name is jade am 27 year old girl who loves fashion. Am a gay girl but am top boy so walking into a shop and going to the men side you get looked at. So I’ve design a clothe line what are unisex. It’s all on paper at the moment but hoping for that little push that I need. Am hoping to start online and grow from there. It’s a great opportunity for someone to start this new adventure with me.
Thank you.
I am seeking investment for my new start-up Manpower search agency based out of India aimed to service the Indian Market to start off with and later expand to south east Asia and the Middle East.
Anyone interested to explore options can get in touch with me, my email is [email protected]
Best regards
Ross Marian
I have an idea for a food product, need advice and investor on how to launch my idea.
I have investors who have an investment interest on good strong money generating projects/ventures.All fields are concerned.Kindly get back to me if you are interested and willing to proceed.
I offer my services to individuals who are in genuine need of financial support for projects.
Email: [email protected]
Have a idea that needs to be researched. One, two my idea have something to do with College football games. Three my other idea has something to do with the bathroom in your house need to know what and how I need to go about the start up of both ideas
I have a great development of break of 4 wheeler patent and I need a help for selling my parents.
So please contact me.
+918605194009
scale your product down to as small a size as you can work easily with
make as much of the component and parts as you can by yourself
without disclosing to the engineers the full concept or idea get them to price for making the component or parts
if you cant afford to pay them, offer them a cut
of the action
test it to make sure it works
get a price worked out for making them
get a price worked out for postage and packaging
create a drawing or photo of your product,
make sure you add copyright and or registered design to your drawing, advert and product
possibly a set of components
advertise the product for sale in a newspaper
or magazine your choice(advert fee no more than £25-£40)
ask for the customer to send you a cheque or postal order to cover your costs insurances and allow margins to cover whatever profit you require
thereby arriving at an acceptable operating price for yourself
test the market by offering the products on the open market
await customer orders to come in
if any come in then order up from the supplier and send them off to the customers
if the customers are happy and you are happy then you have a successful business
if a rival comes to you with a legitimate claim of patent infringement then pay them the judicial fee or 8%
I have this full proof idea for a web site that will generate millions !!!Any serious investor willing to give me that one shot and believes thst there is a next bug thing on line please contact me , to schedule a meeting and i promise you this idea will blow your mind and to give you an example of its value and or worth to be once it is established …lets say its a potential giant amongs the sites out now, like Facebook,Twitter and Instagram to be exact!!!! I mean realy to be a part of a design and a major web site to be full proof i wouldnt be suprised if any of those major web sites would want to buy this monstrous idea out ….!I just want to be apart of something huge and share it with an investor who can take that chance of realy seeing major profit , and also proudship of an awsom accomplishment along side of me guarantee! !!! Thank you and God bless…
My ideal has to do with building new drones an makeing a new tv show just need someone to back me up cause broke an I know we can make millions if interested call me at 13177289335
We are seeking viable projects in need of capital injection through loans or direct investment funding.
Because banks are very reluctant to provide funds for projects/businesses we are willing to help you find the necessary funding.
This can be for trade, project, real estate, etc. etc.
Please send your requirements, or offers for funding to: [email protected]
Have an idea but don’t have the capital? Go to RainmakeMe.com. Learn how you can make your light bulb moments come true.