Saturday, March 17, 2007

Inventors And Getting Grants For Your Inventions!

Untapped Potential




The Fastest Way To Make Money


The Best Way To Make Money

(Subtitled: Inventors, Inventions and Funding)

Part One


The fastest way to make money is to find a need and fill it. So how does this apply to inventors seeking funding? The same principle applies. The fastest way to getting funding is to find a need and fill it. The more the need, the more (and faster) the funding!


Where is the “need” today? One is military! With the current war going on and the President’s strong stance in continuing the war, almost anything that will help to win the war or make the efforts to win the war go more smoother is wanted and is needed! That can mean anything from designing better (and/or more effective) weapons to designing better provisions for soldiers (ie food preservation/storage, products to help “in the field”). There are countless examples of big companies getting government contracts relating to the war “effort”.


Where does this leave the individual inventor? It leaves him (or her) to fill in the needed “gaps”. Moreover, there are always gaps. How do I know this? Because I read the newspaper, I listen to the radio and TV. I also research the government’s website on a regular basis. Packed with government grant programs, these websites list what “gaps” need to be filled.


Another “need” is finding an alternative resource of energy! Did you know that there is a government grant program in place that awards $40,000 in grant funding to U.S. citizens. There is special consideration given to individual inventors and small businesses that are U.S. owned for inventions that show promise in the energy-related field? That is just ONE government grant program! Another awards $200,000 for the development of the product!

2 comments:

Rose said...

Rose,

I read your paper and I was thinking one thing.....

Where would someone who is in the military obtain a grant to invent?

Thanks for the Help


Actually you should realize that the grant programs that are open for inventors are open for ALL kinds of inventors and that includes those in the military.

Your also too quick to ask where one would obtain a grant.....You have to realize that these grants for inventors are highly competitive and you are not automatically guaranteed a grant just because you apply. You apply and your application has to be accepted and chosen.

You apply for these "inventor" grants the same place as everyone else.

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