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    styzenboards's Avatar
    styzenboards Posts: 1, Reputation: 1
    New Member

    Oct 5, 2009, 09:53 AM
    Funding for invention
    Where do I find an investor for an invention, in Texas? I guess I'm looking for a local data bank of such information or specific guidance as to what the best route is to locate an investor nearby Austin/Houston. I want to start a small production facility and recreational area for my invention. Is there groups who strictly sponsor certain invention start-ups, in my case, extreme sports?
    ArcSine's Avatar
    ArcSine Posts: 969, Reputation: 106
    Senior Member

    Oct 6, 2009, 12:17 PM
    Google for "angel investors"... you'll get several hits for various angel networks. From there, you can probably filter your way to finding investor groups local to your area.

    Side advice: Spend some time studying the angel / venture investing process. As you increase your understanding of how they operate, what they look for, what kind of deals they have appetites for, and what kind of info they want to see from the entrepreneur, your odds of successfully closing a funding deal will increase exponentially.

    There's a plethora of material on the 'net and in any good bookstore on venture capital and angel investing, preparing business plans and financing packages, and the like. VCs and angels receive a boatload of funding proposals every month, and the more homework you do, the greater your advantage against all that competition.

    Best of luck in your new venture!

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