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Inventors

Got a great idea but don’t know how to fund it?

microFunding helps fund great business ideas. It really increases the chances of finding money and making it into a serious business success. The rewards are based upon the well proven formula of ‘30 for the inventor, 30 for the investor and 30 for the management’.

It gives you, the Inventor, the chance to:

  • realise your ideas at minimum personal cost
  • have your ideas protected and exploited on your behalf to the maximum
    extent by experienced and skilled business managers without the need for further personal involvement
  • have it - mostly - paid for and managed by other people and yet still keep a big stake in the success of your ideas without further commitment of time or money
  • continue to do what you do best - come up with more great ideas!

How does it work? Click here for a detailed explanation of the process.

What does it cost?
To begin the process, you need to register your idea SECURELY and CONFIDENTIALLY. The cost will vary according to what extra services any Introducer might be providing, but to register direct on the microFunding site is just £50.00 including VAT. You will get a £5.00 credit to use against a future idea if your idea fails to find a manager. The idea will be seen by hundreds of accredited, experienced Managers all of whom have signed strict Confidentiality terms. After the idea has been selected from the list, the cost depends on what is needed to be done, but it is guaranteed to be as low as possible.

After the idea has been selected from the list of Inventions, there may be additional costs payable directly to the Manager depending on what is needed to be done to create a viable Proof of Concept Project, but it is guaranteed to be as low as possible. Most Managers will in any case fund this themselves.

The fee for raising the funds to run the Proof of Concept Project will vary. Currently microFunding uses Angels Den whose fees are published on their website. Who pays this will have to be agreed between the Inventor and the Manager. Any fees charged by Angel networks to raise Funding are additional and are outside microFunding.

There will be no further costs for the Inventor once the Project has been funded.
By finding a sector experienced manager to run their project, inventors give themselves the best possible chance of profit.

Interested? You need to register your idea in order to get going:

Register Now

 

   
Doing Research? Doing Research?
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Guidance Notes Guidance Notes
For Inventors
   
Two Notes of Caution Two Notes of Caution
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