Kickstarter.com, Indiegogo.com and other crowdfunding sites have revolutionized the way that some businesses start up and raise capital. However, when new technology is involved, it is best to look before you leap. In a first-to-file patent system there is a danger that winning the race to raise capital could lead to losing the race to the Patent Office.
In addition to seeking the assistance of a patent attorney Louisiana inventors should focus on the business plans associated with their inventions. The Louisiana Business and Technology Center (LBTC) is a place where inventors and other innovators go for assistance with the business side of commercializing their inventions. LBTC serves as a business incubator for Louisiana businesses and Louisiana technology businesses in particular.