Abstract :
Raising money to fund product development is never easy, as any tech entrepreneur will tell you. But I´ve had to grapple with a unique complication: My company, WindLift, is developing a kite-based system that generates electricity. The prototype, designed to put out 12 kilowatts, could save tons of money for some people now using diesel generators. But when I pitch the business to potential investors, it often seems as if all they can remember is their childhood struggles with those cheap stick-and-string fliers, making it impossible for them to envisage what my company aims to achieve.
Keywords :
diesel-electric generators; product development; wind power plants; My company; WindLift; childhood struggles; diesel generators; electricity generation; kite-based system; potential investors; power 12 kW; product development fund; stick-and-string fliers; tech entrepreneur; Electricity; Energy harvesting; Generators; Iinvestments; Prototypes; Wind energy; Wind turbines;