I own a renewable energy startup, and funding is so difficult. Hence due to the startup nature, lack of capital especially, I've only handled low profit projects and using personal funds. I have never taken a loan, or involve investors as these drop my profit on large scale projects too. I want my company to have an R&D facility, so we can stop outsourcing every component which adds to cost. I have a thin film PV system in mind, technical details and properties, but I need validation that no one has patented the technology and the technology is feasible. This is my first step in self manufacturing, which will require a large upfront cost, but then with the revenue, I get to research other energy conversion process, my focus area is solar, waste-energy, tidal (maybe should wait around for this), wind, and lastly hydro or biomass (not very pro biomass because it's not 100% clean, but this is to process palm waste from palm oil manufacturing facilities. So back to my dilemma.
This concept of solar complete kit is only available in written slightly technical form. I do want patented rights to the concept/end product, but because I went to medical school, I'm sure the concept needs modification. Then if the desired output is not met, I would like further research to develop it and again claim patented rights. At this point, as it is just a concept, I am trying to find the safest, cheapest, yet fastest method to perfect the design and start manufacturing. But again, rights and ownership of concept-product is so crucial. Another limitation is, I live in Indonesia where there is not a single one R&D facility on thin fyilms. I wish the best of life for whoever that even attempts to offer any guidance as I am so clueless. Have a great day!
You would first need to develop a business plan outlining in detail your R&D venture. Then you would incorporate or create a limited liability company in Indonesia. You would seek capital via the Indonesia Stock Exchange using your personal capital as a form of operating profit equaling 1 billion IDR ($64,762.87 USD as of 04/23/20 @ 11:00am PST) to quaify to go public on your stock exchange, while operating for at least a year. Full details @ https://gopublic.idx.co.id/2016/06/22/persyaratan/ [...] otherwise, you could issue a bond if you desire not to use your personal capital, but instead equity from your business entity.
For further development of the technology and for gaining an insight into market opportunities you could offer a university student an internship to do a study on this. Some university study programs include a business internship in their curricula and contacting the director of internship coordinator of such a program can be a good start. With the knowledge coming from such a study you can decide how (and with whom) to further develop the technology towards a functioning prototype, and in which markets this prototype can bet tested, further improved and can be scaled up. Most of these trajectories are with partnering scientists and companies; going it alone is often a dead end street.
- Badges
- Science topic
- Similar topics
- Psychology
- Cognitive Science
- Mind