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A novel idea.


Q I have an idea for a product invention, hut I don't have the funds to finance it. Do you have information on organizations or individuals that invest in product inventions or that could assist me with a grant proposal to get financing for the invention?

--Patrick C. Pierce Simsboro, Louisiana Simsboro is a village in Lincoln Parish, Louisiana, United States. The population was 682 at the 2004 census. Geography
Simsboro is located at  (32.534169, -92.786417)GR1.
 

A The Venture Capital Resource Library (www.vfinance.com/default.htm) is a n online library with information about venture capitalists Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
, angel investors and other financial resources. The National Venture Capital Association (www.nvca.org; 703-524-2549) is a membership organization of over 200 venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
. The Small Business Administration (www.sba.gov/hotlist/bus fin.html; www.sba.gov/hotlist/sbic.html; 800-8-ASK-SBA) provides online information on small business investment companies (SBICs)--privately owned and managed firms that are licensed by the SBA to provide venture capital to small businesses--and links to Websites on capital resources and financing your business.

For more information, see "You've Got it Made" (June 1999) or read the Black Enterprise Guide to Starting Your Own Business by Wendy Beech (John Wiley John Wiley may refer to:
  • John Wiley & Sons, publishing company
  • John C. Wiley, American ambassador
  • John D. Wiley, Chancellor of the University of Wisconsin-Madison
  • John M. Wiley (1846–1912), U.S.
 & Sons, $19.95).

Mail your small business questions to What's Your Problem?, Black Enterprise, 130 Fifth Ave., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, I NY 10011 or send an e-mail to gallopg@blackenterprise.com.
COPYRIGHT 2000 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Title Annotation:information for inventors
Publication:Black Enterprise
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2000
Words:208
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