microFunding

Who is it for and who is it not for?

If you have an idea or a clever invention but you lack either the funds or management expertise to commercialise it on your own, then microFunding may be able to help. If you think that you know the technology but need a commercial manager to handle the commercialisation process then again it may be able to help. If you feel that you want to run with the idea yourself, want to keep total control and retain all the equity then microFunding is not for you.

What is the Process & how does it work?

Inventors post their ideas confidentially and securely, without having to commit to any future involvement in starting growing or managing the future business - but keeping a large stake in it. There is a small fee (£50) to cover administration costs and time of Reydoog Consultancy Services to review and hone the proposal with the agreement of the inventor
Managers with a broad range of commercial skills have secure access to these ideas, and subject to strict confidentiality select those that in their judgment and experience have the best profit potential. For this, the manager can grow a business in which he has his own large personal stake.
The first step is for the manager, at his own time and reputation risk, to define a not-for-profit 'Proof of Concept' project to test and confirm that all the factors needed to realise commercial potential are there - protectable intellectual property, market, price points, manufacture, and so forth.
Investors from a number of business angel networks and independent wealthy individuals - again securely and confidentially - have access to those ideas pre-selected by the managers, and give their financial backing to the projects they choose. By backing the skills and experience of the manager, rather than the idea, they greatly improve the risk-reward ratio of investing and so have a far better chance of profit while absolutely limiting their downside.
Investors are guaranteed to be able to back the successful projects, or if they wish they can sell their rights to invest for an early, smaller, profit.
Inventor, manager and investor each have a minimum of 30% of the shares in the business. Because nothing can be realised until a cash exit the management have a real incentive to work towards this goal as early and as profitably as possible.

For more information please see the full guide

Sounds interesting, how do I sign up?

Signing up is simple, just follow this link or click on the button on the right. During the sign up process you will be asked to pay £50 to register the idea. This payment goes to microFunding (and not Reydoog) and it is with them that you have the contract. Once the invention is lodged on the microFunding site, Reydoog will review the idea with you and suggest how it can be optimally presented before it goes live and is shown to potential managers and investors for the business.

Existing microFunding clients login

If you have already registered your idea with microFunding you can log in here.