We all would love to have someone feed us the money to work on our projects. Get your business plan together and check some of thesse out. As usual always use appropriate caution. If you have a financing resource you feel will be useful please send the link and a blurb about it to our Webmaster.
Crowd Source Funding
FundaGeek.com - Looking for funding for your technical project? This may be for you. You set up the amount of funds you want, the timeframe to raise it, and the rewards for various funding levels and wait to see if it flies. It is an all or nothing funding system. The overhead cost is from 8 to 14% if successful (5% for standard marketing and 9% for premium marketing and 3 to 5% for credit card processing).
Kickstarter.com - Kickstarter is not just for artists. Check out their Hall of Fame page. Some of their biggest fundings were for inventions. You set up the amount of funds you want, the timeframe to raise it, and the rewards for various funding levels and wait to see if it flies. It is an all or nothing funding system. The overhead cost is approximately 10% if successful (5% for Kickstarter and 3 to 5% for credit card processing).
Prosper.com - Explain your project, set the interest rate you would like to pay and find out how many people beleive in you.
Florida Manufacturing Extension Partnership - The Florida MEP is part of a nationwide network of technical, manufacturing and business specialists linked together by the U.S. Department of Commerce and the National Institute of Standards and Technology (NIST); the Florida MEP is a unique resource for manufacturing in Florida. Go to the Partners and Resources page.
National Institute of Standards and Technology - NIST funds industrial and academic research in a variety of ways. The Small Business Innovation Research Program funds Research and Development proposals from small businesses. They also offer other grants to encourage work in specific fields: precision measurement, fire research, and materials science.
USSOCOM TILO - United States Special Operations Command, Technology and Industry Liaison Office has made it easy to get your foot in the door and they are located in Tampa. Simply prepare a 3 to 5 page document outlining how your product will help in one of their Capability Areas of Interest, fill out their on-line form, attach the document and a picture, then wait about 30 days. They get around 700 applications a year. About 30% of the submittals are called back for a presentation and some of those are chosen. When chosen, a purchase order for further development is prepared which could include payment of up to about $100,000 and you keep the IP. The key here is you have to have something they are looking for.
Zyn Systems - Zyn is a small business innovation research gateway. They provide listings of many of the grant systems and their solicitation dates. Check out the SBIR information and then Solicitation Dates to see a listing of grant offerings and the dates they are due. It is possible to drill down and find the specifics.