the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Early-stage Startups: What's the best way to ask for funding to make a prototype for an invention idea that I have?
LV
LV
Lee von Kraus, Unique Insights, Creative Solutions answered:

Consider saving costs by having your prototype printed by someone else's 3D printer instead. There are several ways to do this. Here are options in order of affordability:

1) Find local "hacker / maker spaces" (for instance check: https://wiki.hackerspaces.org/List_of_Hacker_Spaces) with a 3D printer. Either join, or make friends with a member(s) that's also interested in your idea.

2) Find a local 3D printing Meetup group.

3) Use 3Dhubs (https://www.3dhubs.com)

4) Use Shapeways (https://www.shapeways.com)

That might significantly reduce your expenses, which will make it easier for you to raise the money needed. To raise the money needed:

1) First describe your idea to friends and family. If they're interested mention that you're looking for early investors.

2) Consider applying to a startup accelerator which will give you both funding (sometimes up to $100k), and resources (many will have a 3D printer you could use, and other tools), as well as mentors and connections to investors.

3) Look into crowdfunding. This requires a decent amount of work, and many times you'll need to have already built some kind of prototype to get people to fund it.

If you'd like to discuss these possibilities in more detail, with respect to your specific idea, let me know,

best,

Lee

Talk to Lee Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.