Monday, 24 September 2012

Business Buzz 66: Business Opportunities Weblog: Pothole Patch Invention

Business Buzz 66
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Business Opportunities Weblog: Pothole Patch Invention
Sep 24th 2012, 14:28

Business Opportunities Weblog
The original blog about business opportunities and business ideas for small business entrepreneurs
Pothole Patch Invention
Sep 24th 2012, 14:20

Cleveland.com:

The Case Western Reserve University classmates developing a new product to patch potholes — basically, a bag of goo — received a $25,000 grant to build their business.

The Innovation Fund of the Lorain County Community College Foundation awarded the money to the group’s startup company, HolePatch LLC. “It’s a big, big boost,” said Mayank Saksena, one of five CWRU students involved in the project that Road Rant profiled in March. The potential of the invention has earned the team more than $40,000 this year to pursue the idea.

In its simplest explanation, their “patch” is a sturdy bag filled with a unique fluid possessing some amazing qualities. It can be dropped in a pothole to provide a temporary repair within seconds. It’s billed as a cheaper, faster and more sustainable alternative to the current method of filling potholes with “cold patch” stone material.

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