We are so excited to bring forth a new funding paradigm for technical innovation
and basic research
. It is a resource we’ve dreamed about in the abstract for decades. It is a resource we’ve needed ourselves countless times in the past when brainstorming about world-changing technology ideas. But as with many of you, our dreams met with the unforgiving reality of how to secure funding to build a prototype, start a company, and launch cool technology.
Invariably the dreaded “B” word would come up – bootstrapping
. Bootstrapping certainly has its virtues; you gradually build a company and work on the project over a long period of time, sometimes using the revenue of another business to fund the start-up. The problem with this start-up model is it is frustratingly long and painful. Many give up before the product sees the light of day.
people will advise you to go to “friends and family” for your seed round, but what if your friends and family have no money to invest in your hot idea? What comes next is the familiar maxing-out-the-credit-card model of financing your technology ideas. We don’t even need to explore the reasons why this is a recipe for failure.
Trying to think out-of-the-box for a solution to this dilemma, we came up with the concept of applying the Crowd Funding model - expressly for technology. With FundaGeek, we hope to spare you the frustrations of attempting to build great technology on a non-existent budget.
Our team is uniquely qualified to provide you a resource like FundaGeek. We’ve been technologists just like you for decades. We know your pain in having exciting and innovative new ideas with nowhere to turn for funding and we hope to turn our past pain into your gain. The road to securing vital funding to build new technologies is a rough one, long and winding with many frustrations and detours along the way. This is the problem we hope to solve with FundaGeek – getting you the funding you need to build your prototypes, and launch your new ventures – all without giving up equity interest or incurring debt.
Here’s a shortlist of what we bring to the table to help you:
- We’re passionate about technology and science
- We bring collective decades of experience in recognizing great technology
- We speak your language
- We understand what motivates you
- We can help you navigate the waters of social media to find backers
- We have a driving desire to see you succeed
- Most importantly - we are Geeks helping Geeks
We’re glad to have you aboard. It should be a great ride!