Kickstarter

USPTO, regional forces unite for Long Island inventors

By GREGORY ZELLER // Innovators, assemble – the U.S. Patent & Trademark Office is coming to Long Island. In another bringing-the-mountain-to-Mohammed moment, the USPTO is partnering with Farmingdale State College and the Long Island Inventors and Entrepreneurs Club on an Inventors Day specifically for Long Island innovators – a day-long whirlwind of panels and presentations covering new ideas, product development, licensing, manufacturing and more. Scheduled to run from 9 a.m. to 4:45 p.m. June 1…


Kapen: As feds get act together, crowdfunding climbs

By GREGORY ZELLER // Seven years after a new federal law attempted to kickstart the startup market, investors and entrepreneurs are still finding their way – but a few key legislative tweaks could open the equity-crowdfunding floodgates. That’s the from-the-trenches assessment of Alon Kapen, a partner at Uniondale-based Farrell Fritz and head of the firm’s Emerging Companies & Venture Capital practice group, who recalls the Jumpstart Our Business Startups Act of 2012 – a blessedly…


SBU researcher eyes crowdfunding success factors

By GREGORY ZELLER // The ultimate success of a crowdfunding campaign depends largely – but not exclusively – on the product or service at hand. That’s the main thrust of “Reward-Based Crowdfunding Success: Decomposition of the Project, Product Category, Entrepreneur and Location Effects,” a research paper published in June by Venture Capital, an international journal of entrepreneurial finance. The paper – completed by a quartet of researchers, including lead author Richard Chan, an assistant professor…


Lessons learned, The Crime Stopper restarts

By GREGORY ZELLER // It’s a fresh start for The Crime Stopper, with lessons learned from a failed Kickstarter campaign. Actually, the campaign didn’t fail, according to Apptec Corp. founder Andy Braverman, a veteran electrical engineer with a flair for digital dictation. Although the $35,000 Kickstarter was a virtual nonstarter – it attracted only one backer – it taught Braverman invaluable lessons about managing a crowdfunding campaign. And that one backer is “very close” to…


Fashioning a cure for canine identity crises

By GREGORY ZELLER // Heather Lehrman has learned a thing or two about Kickstarter campaigns. Her effort to raise $17,000 through the popular crowdfunding site to expand the wares of her burgeoning pet-fashion enterprise is less than two weeks old. But with only $1,329 raised through Wednesday afternoon – a whisker below 8 percent of her goal, with 10 days down and 35 to go – she understands Kickstarter might not be the answer for…


On Kickstarter, beers and boards win big

By GREGORY ZELLER // The Kickstarter crowdfunding platform is a worthy metaphor for humanity itself. Invented by necessity and forever evolving, it’s a vast engine of ingenuity fueled by the most basic human motivators: a desire to improve, or to profit, or both. It’s also barrels of fun. Where else can you find “crystal bacon” jewelry, keychain sensors that alert parents when Baby’s diaper is wet and frying pans with sword hilts? More to the…