Funding for Independent Inventors
Independent inventors tend to be masters at bootstrapping—at least during the concept development stages of the inventing process. When it’s time to commercialize their ideas, most indie inventors need help covering the costs of transforming their idea into a commercially viable product and bringing it to market.
Funding an invention through conventional business financing, such as bank loans and venture capital, is virtually impossible—unless and until the product has been patented and has been selling well for at least a year or two. Consequently, many indie inventors use personal loans and personal assets ...
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