 | |
| Browse | Ask | Answer | Search | Join/Login | |
I invented new idea but can't afford to manufacture the sample product.
Asked Apr 24, 2008, 05:14 PM
—
11 Answers I have contacted Davidson with my new idea which saves lots of time and energy. My new idea was pretty simple but really helpful for everyone to use in every day bases. Davidson (Davison - turning ideas, inventions, and patents into products.) did the necessary research about the idea and created a portfolio for it. The next step was finding a company who will be willing to create the sample material. I have got a congratulation letter from a very well known (Car Part) manufacture and they agreed to manufacture the sample material. But the money they are asking is beyond my budget. So far for this new invention, I have spent almost $2,000.00. But it looks like I have to spend $5,000.00 more to take it to the final point. I wanted to know if this is normal. Why is it so expensive? If I give up now, I will loss the $2,000 that I already paid and the idea that I have already submitted. To be honest, I don?t have that much money to complete the project either. I feel like I am trapped with the situation. It becomes a loss loss situation on my side. Davidson advised me to find a sponsor to get help. I have no idea how to get sponsor on this. Especially when the information is confidential. I am an Engineer and I have lots of small and big ideas. But if ideas cost this much money with no guarantees how much you will be making afterwards, it is almost impossible for a regular person like me to manufacture new idea. Does anybody have any idea about a cheaper way of selling or manufacturing new idea? Also is Davidson trust worthy company? Please help? |
11 Answers
| ||||
| Our government do help those inventors to be a successfull. If you willing to be a JV with 60% yours and 40% ours...if you agree, we can start talking about . Mail me >Removed< | ||||
| |
| ||||
| I used Davidson and they take you money and don't do a thing. Run a google search on them you will get you answer. I have been working on my invention for 2.5 years and I finally got a license agreement. My I had made and patented which I have about 40000 invested. You need to find investor who believe in your product. Good investors to invest in a new product. Stay away from the big companies who want your money to look at your product. | ||||
| |
Not your question? Ask your question View similar questions
| Thread Tools | Search this Thread |
Check out some similar questions!
Rerouting pipes in 12 unit condo building? Good idea or bad idea [ 2 Answers ]
Is it a good idea to reroute pipes for a 12 unit building rather then take the chance of digging up concrete parking lot and plumber not finding where break in clay pipe is? If there is a break in the pipe at all how can you put a liner in if you can't see? I personally think the plumber is lying...
I need to calculate the full product unit cost of both the 12pack and 2-liter product [ 1 Answers ]
I have raw materials costs 3% loss of raw materials, because of packaging requirements Packing materials costs 2% damaged materials Manufacturing expense Truck delivery fee Storage fee Wages p/year Manufacturing costs p/yr.
Product adaptation and standardisation of product [ 3 Answers ]
What is actual meaning n definition for adaptation and standardisation of product in local as well as international market? Give me with the suitable examples of german and japanies products
View more Inventors & Inventions questions Search
