Once you have your invention idea, you can work towards getting financial capital and creating a prototype. You can find investors to help you fund your venture and make your invention known to the public. You can also find a buyer for your invention. However, you will need to create a pitch to promote your idea and find investors. You should make sure to present your idea in a simple, authentic, and clear manner. Listed below are some tips to pitch your idea to investors and get the funding you need to launch your idea.
Finding a buyer for your invention idea

One of the first steps in finding a buyer for your invention idea is to do as much research as possible. Look online for similar products and find out whether they've already been patented. If so, you won't be able to sell your product to a company. Performing a quick search on Google will lead you to sites that list patents. Be sure to contact each company directly to discuss the possibility of collaborating on your new invention.
How to start an invention idea

One company that accepts ideas is Jokari Home Solutions, a global manufacturing company that makes games, toys and office supplies. The company is actively seeking innovative inventions, and will pay a significant amount of money for the right idea. To submit an idea, you must complete and submit a proposal form online. Upon receiving an approval form, the company will contact you and let you know the next steps in the process.
Creating a prototype

Whether you're working on an idea for a new product or looking for ways to improve an existing one, creating a prototype is an important step in the creation process. While you may be tempted to simply build a model and see if it works, you can actually do the opposite and build a functional prototype first. By building a prototype of your product, you can test its feasibility in the market before investing in mass production.

You can find a prototype designer through common contractors. They can help you with the entire process, from designing the prototype to assembling it. It's crucial to make sure your prototype meets a balance between cost and utility. After all, you don't want to be able to offer your customers a product that doesn't meet their needs while being too expensive. Also, you need to balance the cost of your prototype with your target market's budget, since a quality product cannot be cheap.
Finding an investor

Depending on your needs, finding an investor to start an invention idea is possible in many cases. You will need to present your idea to potential investors, who will then provide funding in exchange for part ownership in the business and a share of the profits. Various methods of financing invention ideas are available, including crowdfunding sites, angel lists, and government loans. If you can't find an investor to invest in your invention idea, you can consider looking elsewhere.

While an angel investor will often sponsor your idea for a certain percentage of the profits, they usually don't want to get involved in the manufacturing process. If you're looking for financial support for your invention, consider connecting with your local university or chamber of commerce. Venture capitalists can provide millions of dollars for new businesses, but they will want a cut of the profits. If you have a viable idea, however, an angel investor may be the best choice.
How to start an invention ideaMaking the public aware of your invention

The process of making the public aware of your invention idea is a challenging one. The process is lengthy and requires hard work, but following these steps will increase your chances of success. As an author, I've had success in developing websites and articles promoting my own inventions. In the past, I have also worked as a scientific legal consultant and as a health science journalist, and I thoroughly enjoy studying and analyzing data.