Looking for partnership with a startup

[jrmichler]

I have researched on a new kind of machine that can generate power/electricity by using low grade heat.

Just how new is your idea? Is it better than existing technology for doing the same thing? Existing technology for generating electricity from low grade heat includes:

OTEC
Geothermal
Low temperature heat engines (includes Stirling and others)
Thermoelectric

You will need to convince prospective investors that your idea can generate electricity at lower cost (both capital and operating cost) with better reliability than ALL of the above. Better efficiency is also a selling point. Until you do that, you have nothing to sell. The core of your business plan / prospectus will be a line by line comparison of your idea with the technology used in OTEC, geothermal, low temperature heat engines, and thermoelectric generators. The comparison will include capital cost, operating cost, reliability, efficiency, and any other relevant factors. You will not be taken seriously until you do that.

 

[T C]

You will need to convince prospective investors that your idea can generate electricity at lower cost (both capital and operating cost) with better reliability than ALL of the above. Better efficiency is also a selling point. Until you do that, you have nothing to sell. The core of your business plan / prospectus will be a line by line comparison of your idea with the technology used in OTEC, geothermal, low temperature heat engines, and thermoelectric generators. The comparison will include capital cost, operating cost, reliability, efficiency, and any other relevant factors. You will not be taken seriously until you do that.

Believe me, I can do that.

 

[berkeman]

Believe me, I can do that.

Then do it. We've pointed out lots of stuff to you that hopefully helps. The rest is up to you. And as mentioned several times, be sure to get a lawyer involved when you are ready to start showing your Business Plan to potential partners and investors (under an NDA). Best of luck.

 

[T C]

Then do it. We've pointed out lots of stuff to you that hopefully helps. The rest is up to you. And as mentioned several times, be sure to get a lawyer involved when you are ready to start showing your Business Plan to potential partners and investors (under an NDA). Best of luck.

I will do if I find an interested party.

 

[jedishrfu]

It looks like we have completely exhausted our knowledge of how to transition ideas to startups and on that note will now close this thread.

Thank you all for commenting and providing the OP with some things to consider as he explores his new business venture.

Jedi