Funding

One of the biggest differences between OSHW and OSS are the development costs involved. Software costs are typically based on the m. For OSS, there is little cost to the trial-and-error process beyond the time needed to run new code. Most hardware designs by necessity require multiple iterations of working, physical prototypes, each potentially being very costly.

Multiple avenues for funding have evolved in order to address this problem.

Funding Sources:
Kickstarter
Kickstarter is a 'crowdfunding' website. Project owners make proposals with a specified amount required to fund them. Sponsors commit funding to the project at whatever level they want, and if the funding goal is met within a specified amount of time, the funding is released and the project is on. Otherwise, all money is refunded to the sponsors. This keeps only partially-funding projects from being pressured into completion by multiple sponsors, and keeps the project founder and sponsors incentives to spread the word about the projects. Project owners retain rights to the project, with Kickstarter receiving a percentage of the sponsor funds.

Open Source Hardware Bank

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