Looking for Project Sponsor

Hello All,

I've had some ideas for a few open source, Arduino-based projects floating around in my head for quite some time now, and I want to make prototypes so I can continue developing the ideas to the point where I can consider running a Kickstarter, selling the designs, selling kit versions, or all three.

Unfortunately, I have not the budget nor the proper tools to develop prototypes, and as such I am in need of a sponsor in order to move along in the development process. I have been reaching out to prospective businesses and companies with these ideas for about a year with no success whatsoever, and I have come no closer to being able to develop prototypes on my own in that time.

I'm currently looking at about $5,000 to get myself the proper tools and fully develop working prototypes of two of my best ideas. That includes all of the parts, hardware, software, and any expenses incurred by the build process.

Does anyone here have any ideas as to what I could do to get a decent sponsor or sponsors?

Thanks,
D.E.

so, you can get an arduino board from china for about £3, a soldering iron £20, with £100 you can buy plenty of assorted sensors... since you wrote this message I assume you do have a computer... What exactly would you buy with $5000???? and you seriously think anyone would give you money on the basis that you "have an idea" of an unspecified nature? (especially when you yourself say "I have been reaching out to prospective businesses and companies with these ideas for about a year with no success whatsoever")? no offence meant, I am just trying to understand

So you are looking for $5,000 and your name is:

DangerouslyExplosive

DangerouslyExplosive:
Here's a breakdown:

One of the largest expenses I am looking at is a new CPU. Sure, I've got a computer. Its an Intel MacBook 4.1 from 2007, running OS X 10.5.8. Its a decade old, it can barely run the older versions of the IDE, and I can guarantee it won't run any of the software I need to run the tools I need or the CAD programs I plan on using for design and analysis. And when I do get a new CPU, I need to get one that can do all of those things quickly and efficiently and for a good number of years (so I don't have to upgrade again anytime soon). For this reason I am looking at a more expensive, higher end laptop. So that chunks out about $1000 right there.

Buy a raspberry PI 3 for < $100, connect a 2nd hand screen, keyboard & mouse and you have a 4 core development machine for less than $150. You can run 1.8.5. For $1000 you have a house full of these.

CAD is indeed pricey, but there are possibly cloud solutions that may adequate.

From there, I need a decent 3D printer and a laser cutter/engraver for fabrication, which cuts out another $1500 dollars, assuming I spend about $750 on each machine for a well-rated, reliable product.

Search for a FABLAB in your neighbour hood, you definitely do not need to own all these tools yourself - unless you are in a remote area - find local partners for these kind of tools.

Then, all of the parts for both prototypes will end up being around $500. If I end up making multiple for each to get a working version, that'll be about $750. If I continue to make multiple of the working versions as planned, let's say 4-5 of each, then that adds up to about $2500 right there.

I read that you need multiple things to redo your prototyping.
Reuse is mandatory when you're a startup imho.
And do not start developing before you have (0) defined your market and proofed the market needs (1) your requirements 100% clear and (2) your design as perfect as possible. The second means that how hard you think you cannot think of any scenario that will either break or improve your design.
Then it is time to start prototyping, mainly to proof your design works.

So:

Did you identify the market, and have you done market research to verify the need is real?

Do you have your requirements for the project 100% clear?

  • this include what the system should do, do not, legal aspects, safety etc.
  • 80++ % is the triggerto start designing
  • Note: If you need prototyping to get your requirements clear you have a substantial different kind of project.

Is your design fool proof (to the best of your skills)?

  • did you identify development risks? if not, look again.
  • if you cannot improve your design anymore it is time to start prototyping

Add it all up, and the sum is $5000. Who said development from scratch was cheap?

It is never cheap but one can make it as expensive as one likes. No offence, but I safe quite some money by reusing old materials for prototyping. 2nd hand stores are a great source of all kind of materials e.g. old toys with motors gears etc are perfect to proof a concept. Disicting these give you also insight about their design too.

As for the ideas, I have them written out quite plainly in front of me, with full sketches and the whole shebang, almost every key aspect labelled and explained. I won't post that here, though, because ideas are exceptionally easy to steal on the Internet. I do specify the nature of the ideas to the companies I reach out to, but they don't seem interested.

Fair enough, so you have requirements and design clear apparently. Did you do your marketing?

Do you ask why the companies are not interested?
There are many reasons and your project should be able to improve from those reasons.

And yeah, my alias is Dangerously Explosive. When I reach out to companies, I use my real name, which I won't divulge here.

Hope that answers some of your questions!

-D.E.

Fair enough
My real name is Rob Tillaart but to hide myself I removed the space in the middle so nobody recognizes me :wink:

I considered a Pi, but it doesn't fit the specs. I need to be able to make it portable and fast while running heavy programs like AutoCAD to do complex functions and rendering.

So you thought you'd ask on a forum dedicated to eight bit microcontrollers?

Did I summarise correctly?

DangerouslyExplosive:
...
As for a market, these are not large-scale things I plan on building, nor am I particularly interested in starting a business of any meaningful size, therefore the interest of the larger market is meaningless to me. I intend my ideas to act more as proof-of-concepts so that I can continue to develop them in conjunction with other makers and maybe even companies to the point where they do become more useful and popular among larger communities. I have scouted about, and I do feel that my ideas are genuinely new in a large number of ways, so there is no real way of telling who will and won't be interested once I have a working product anyway.

So its real innovation you're talking about. It is often hard to define the market if the market doesn't even know it need your product (been there in a previous job). Recall it is only 25-30 yrs ago people laughed at you when you had a mobile phone.

When I say I have my ideas written out I mean literally. On paper. With a pencil/pen. Same with the sketches, and materials lists, and possible functions and uses, and everything else related to the project. The perfection of the current ideas are questionable, because I really need to upgrade my CPU and start CAD-ing them so I can stress test virtually and hammer out any problems I find before I begin to build. Which is part of why I need funding in the first place. When it comes to design requirements, I do actually need to do some prototyping to set these in concrete, but I have a very good idea as to what they are and will be, and CAD will only solidify that idea.

So my guess was (partly) right, you need prototyping to get your requirements clear. But you probably did more than many in elaborating what you want.

Risks? What risks? Ohhhhh, THOSE risks. I don't think anything will be liable to explode, despite my alias, and the designs, while mostly new, are based on real objects and principles that are know to function well, and thereby can be almost guaranteed to work as advertised. The designs are meant to be at least somewhat robust and durable for their purpose, and will fit the standard for other designs in the same class and price range. Fools aren't really the ones I'm worried about, it's the folks with more money than sense who could be a problem. But that is what a warranty, user guide, and good liability clause are for. Besides, nothing is foolproof, and the galaxy would already be broken if all the fools in it weren't confined to our wet little dust ball of a planet.

Reading between the lines, it sounds you are allready quite far in foolproofing the design ( I like the phrase about the galaxy and the fools, :slight_smile:

It is a good idea to ask why companies aren't interested, though, and I'm glad you mentioned it because until now I haven't actually thought about asking. I'll work on that.

It is one of the key questions I learned to ask when I was unemployed, and rejected...
"I assume you had a good reason not to hire me, please share it so I can learn, improve and grow."
After a few rounds, my interviews got way better and got hired again :slight_smile:

I think you still can approach those companies to ask the question. Do not discuss the quality of their judgement or the outcome (from their point of view it was a good descision at that time) but ask for the arguments, their rationale behind it, "what was reason".

Any more questions?

-D.E.

No, sorry that I can not help you further

If your designs are to be open sourced and shared with the community, then why are you being so secretive? Just share them here. There are many OSH developers with good 3D printers and laser cutters, etc., not to mention those services are readily available so you don' t need your own machine.

If your ideas have "legs" people will be happy to jump onboard and help out.

If you are really proposing open-source, then you can get all the help you need online and the need for sponsorship declines dramatically, as does the need to get companies involved. Businesses join things that can make them money or save money. Show them that your plans can do that and you'll find interest.

Steve Jobs reportedly sold his VW van in the 1970s to buy a circuit board in order to build a computer that helped launched his fruit company...

if you can't find people willing to invest in your project, and you are convinced it's good - and want to do it all yourself then sell something you have to get there...

if you don't have a car to sell, sell you programming and design skills for a a few months - make money and invest in the future you...

Money never comes cheap...

If you’re into prototyping and building you gotta start collecting stuff. I get servos and steppers from printers. It amazing what you can find and get when you put your mind to it. Sure it might be easier to just spend cash. You gotta get inventive. Don’t let money be the excuse for your failure. Take it with a grain of salt but it’s possible.

You can buy a second hand pc for a few hundred that will do the job.
There are companies out there that will 3D print your prototypes, and companies that will make your circuit boards cheaply - there is free software for both of these .
I have done both on my PC which I bought off Overclockers forum for £200.
You can also knock concepts out of bits or wood metal etc to show investors .
You need a business plan that shows the gap in the market you are addressing and how people will get their money back with interest over what period . You would also be expected to take a chunk of risk yourself ( business loan) and demonstrate your skill in the relevant areas.

No one gives away money ( well I don’t). You don’t need that amount of money anyway to get started!!

Change your silly name if you want to be taken seriously !

I’m out by the way .

And ... all the comments on this thread are actually very sensible , at least note there is no rush to give you the cash.