Wireless ISP - Funding Question

retromodcoza

Senior Member
Joined
Mar 4, 2006
Messages
517
Hi Guys

Just wondered on what your opinion would be on this. We have developed a set of firmware/ wireless routers and software which is in a kind of alpha stage to ditribute low cost wireless Internet access. When I say low cost , I mean decent speeds (2Mbps+) and prices such that a domestic worker could afford it. The Alpha phase works well on a small basis , but we want to scale it up and the software portion of the product does not currently scale well.

We are at a point where we need a certain amount of funding to produce a commercially solid product that scales. We have already obtained 85% of the funding from an IDC grant (given upon rigouris inspection of our paperwork and prototypes by ICT experts) , and the development of project plans are already in their late stages.

We have a problem with the other 15% , as we have little security to get bank loans and are wary of investors hijacking our ideas which are complex and have taken years to refine.

What would be a good institution to approach to gain the rest of the funding? We need someone who has an understanding of technical subjects and can converse with us.

I apologise if this is in the wrong place and realise this may not be a technology question but it has tech implications...

Any help would be appreciated.
 

paulcolmer

Well-Known Member
Joined
Aug 11, 2011
Messages
262
A guy aproached me recently who has set up a company for the funding of VoIP carriers and funding for buying wholesale min's at low cost, as the two industries are very related maybe you should talk if you have not come with a solution. I will dig deep and find the name and post it here for you.

Paul
 

retromodcoza

Senior Member
Joined
Mar 4, 2006
Messages
517
Thanks Paul - would be appreciated.

We are pursuing a number of other avenues , but they are slow and the people behind them do not have an understanding of what we do , which makes it difficult. A number or some leads would be perfect.

Thanks
Lloyd
 
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