Assume you have developed a robotic spider equipped with video, audio, electronic sensors which can be used in earthquakes and other disasters to help search for survivors by squeezing through small crack in the debris. The spider is crush-resistant in that it can withstand 950 times their body weight without being hurt, and travels at the equivalent of a human running more than 150 mph.

Further, assume you have developed a prototype robotic spider that has proven to be effective. One spider costs about $90 to produce at the current time. You have decided to seek some start-up funding to begin manufacturing and selling the robotic spider. First however, you want to perform a quick patent search for the purpose of possibly filing for a provisional patent.

Required: Prepare a 2 - 3 page Executive summary detailing:

1. The results of your patent search - did you find one-or-two similar patented ideas? (HINT: There are similar devices already in existence.) Briefly summarize what you found. Cite the relevant patent class schemes and classification titles that you found to be relevant for similar inventions. (refer to the video viewed in-class for assistance with this item at https://www.uspto.gov/video/cbt/ptrcsearching/ In addition, explain for me the process of applyingfor a provisional patent. (http://www.uspto.gov/patent or https://www.epo.org/ ) to one page.

2. Assume you would like identify creative bootstrapping ideas to enable you to produce and/or distribute this product. In one or two pages, summarize 3 to 5 bootstrapping ideas from either one of the following sources on alternatives to bootstrapping a start-up idea.

Further explanation look at: file:///C:/Users/Laurie/Documents/School/FIN%20352%20-%20Instructions%20HW%20Patent%20Srch%20&%20Bootstrapping.pdf