Saturday, January 27, 2007

Inventors and Funding?

I have been asked to write an article about inventors and funding. This will not be a hard article for me to write because there are many funding opportunities for inventors. Right now President Bush is talking about finding alternative methods for oil and this is just one of the paths that is open to inventors. Another avenue is the military. The government is always looking for inventions that will help make the miltary better. This can be anything from designing new kinds of weapons to designing better durable uniforms! The government spends a lot of money on this and they will continue to do so!

The government is not the only source of funding for inventors. Most notably I'm thinking about if you can make a product better then you stand a good chance of receiving funding for it.

However one thing I want to repeat about getting funding - be it for inventors or anyone - and that is there is a process to it. In more cases than not you have to go through the application process. A grant is not guarenteed! You have to apply for it. Now I have been involved with some funding that requires nothing more than submitting a simple proposal but they are not all like this.

There is a lot of untapped potential out there (waiting to be tapped!)

1 comment:

Rose said...

I can now say that the article is finished and I am waiting to submit it.