Here in NZ R&D funding is not avaialble to small bus! #innovation #crowdfunding #tech #startups

Here in NZ R&D funding is not avaialble to small businesses and if you have an innovative product the New Zealand Government require you to sell 50% of you invention’s rights to a New Zealand University, this means that all inventors lose 50% of the rights to their inventions. To get around this issue small business’s must turn to crowdfunding to raise the funds they need to construct a prototype and this where crowdfunders come in.

This innovative product needs your help. https://www.indiegogo.com/projects/torque-electric-motor-generator-project/x/8770653

Torque Electric Motor-Generator Project

Our motor/generator concept uses lasers & graphene to stabilize a magnetic field.

Funding from crowd funding will help with paying for electronic parts, fastenings, machining costs, cad drawings, 3D printing of cad drawing and prototype casting development and we require a specialist oven with gas injection port and tools and related hardware, testing equipment (like an oscilloscope and torque analyser). Plus any extra raised will go towards…

https://www.indiegogo.com/projects/torque-electric-motor-generator-project/x/8770653

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