Grants for Your Inventions and Prototypes

While it’s true that grant funding is available for inventions and prototypes, the real question is whether there are grants that are a match for you.

Funding Prototypes

Typically, investors will ask to see a prototype of your invention before product development. A prototype provides the necessary details about how your invention will function, the design aesthetics, marketability, and scalability. In short, your prototype gives an overview of how the customer will interact with your invention.

Most aspiring inventors often seek angel investors or venture capitalists (VCs) to fund their invention at the prototype development stage. However, that is unlikely to happen in most cases. Finding investors at the pre-prototype stage is very rare, which leads to the common quandary: How should aspiring inventors deal with the funding needs of building the prototype? 

Where can you find more funding?

Grants are available for select inventions, depending largely on the applicant’s location and industry. In addition, funders are generally interested in inventions and start ups that will improve lives and have a social or environmental impact. New grants are constantly released, but grant cycles are highly competitive. Below, are five grants for inventors that are currently available on GrantWatch.com.

5 Grants for Inventors
  1. Grants to Alberta Inuit, Métis, and Non-Status Indian entrepreneurs for expanding a small business or funding a start-up. 
  2. Opportunity for companies and startups focused on equity and social impact to participate in a business accelerator program. 
  3. Grants for innovators to save lives, reduce poverty, strengthen democracies, respond to climate change, or improve the lives of people.
  4. Colorado technology businesses in eligible industries can apply for grants to support the development of early-stage technologies. 
  5. In North Dakota, grants are available to develop technology that will improve agricultural production within the state.

Looking for more grants? With more than 8,000 grants currently available, GrantWatch.com is the leading grant listing directory. Discover verified funding opportunities for startups, entrepreneurs, and researchers.

Upgrade to a MemberPlus+ subscription to view the full grant details; including eligibility criteria and application information. For more information, you can also visit the GrantWatch FAQ page. 

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