Here is a 3 minute clip from Dragons' Den about an invention called the 'Bowl Buddy'. Watch and discuss if you would back the invention or not and why:
[VIDEO CLIP OF INVENTION FROM DRAGON'S DEN]
Would you back this invention? Why/why not?
Some key points you may want to consider:
- Is there a need for this product? Will people want to buy it?
- How big could the market be? Is it a niche product or more widely applicable?
- Do they have a clear plan for manufacturing and distributing it?
- Does the inventor seem passionate and knowledgeable about the product?
- How much money are they