I have a new design for an electric engine, were would be the best place to send it ,as i cant afford to build

please note its an electric engine not an electric motor

As said, a patent is very advisable. From there you need to pitch your ideas to investors.

I suggest approaching engineers with the design and asking them how easy it is to produce and how well it would work and how much a prototype would cost.
There are investors out there who, if you put a strong proposal forward, will be interested an example would be http://www.blossomim.com/

Approaching car manufacturers with the design is a good idea as Ford are investing in green technology, Toyota are continually developing their hybrid cars.

If you are looking for specific information I suggest visiting: http://www.ukinvest.gov.uk/en-GB-index.h… which may help you work out what investors are looking for.
It may also be worth looking through Univeristy websites and approaching their Automotive research Proffesors, Durham University have such a Centre.
Intertek are a good option as they test designs, and may be able to give you more advice.

 http://www.engineerlive.com/headlines/20…

http://automotive.intertek.com/services/…

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Get a patent. In the meantime, there’s what is called a “poor man’s patent”:
Draw up your design, put it in a sealed envelope, and mail it to yourself. Don’t open the envelope and the postmark date will serve as an official time-stamp if anyone else tries to rip you off. This would show the court you had the idea first.
Patent searches are the most time-consuming and expensive part of the process. Most people have to hire a firm to do this. If you are a student, try to make a class trip out of going to Washington DC and doing a patent search yourselves.
There are firms that just go through patents and look for good ones to build. Just getting a patent sometimes has investors and manufacturing companies contacting you.

REMEMBER a patent is only good for 10 years, then it is considered part of common knowledge. You probably don’t have any way to manufacture your idea so you may want to use a contractor. If you think your idea will make huge money within the first 10 years you most likely want to lease it. If it needs a lot of work in that time you may want to just sell it to the highest bidder.

This entry was posted on Saturday, July 5th, 2008 at 11:32 am and is filed under Business And Finance, Environment. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.