There are many people that have no idea where to begin when it comes to finding investors and many potential private investors that have no clue where to find great ideas to invest in. To help solve this problem the Federal Government could create a central website where private investors can be paired with entrepreneurs, inventors and idea makers. The Federal Government could also provide incentive for private investors to invest in an entrepreneur, invention or idea in the form of large tax breaks and explain these benefits in simple terms on this central website. Make it simple and clear; and they will come.
15 votes
Rank10
Idea#62
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Comments (3)
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It would be great if this was an entire system that helped go from idea to product-in-hand. This could be done by creating a site targeted for 3 groups, Entrepreneurs, Investors, and Talent. The entrepreneur posts an idea, it goes into a review stage by a pool of investors. Once it reaches a certain number of votes then it is opened up to talent for bidding. During bidding investors can lock in their investment.
Just some of the benefits of such a system:
1) Get the entrepreneur started and connected with the right people(as outlined in the original topic above)
2) Create competition among investors to get involved earlier and more often.
3) Encourage more work from talent as they are more likely to show up with prototypes while bidding.
4) Create a bigger buzz in the processes of success.
5) Creates a rating and review platform for investors, talent, and idea generators.
I scoped out a social network kind of like the GoBIGNetwork that did just what was outlined above. If anyone starts to build this please let me help :)
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I would like to add that a centralized is necessary but the needs of local communities would be lost. Every STate, region and local community have a different set of needs as well as supportive industry suppliers in there respective areas.
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No Vote
This would be best managed by local entities who are closer to the sources and resources. The Fed's are too far from the activity to maintain a useful resource.
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