Sounds like a front end for a donut machine for investment banks It is so revolutionary, they need to spam the forum (note: HookUP is not supposed to be for commercial solitications, but for trader to trader meetups)
http://ycombinator.com/ "Y Combinator is a new kind of venture firm specializing in funding early stage startups. We help startups through what is for many the hardest step, from idea to company. We invest mostly in software and web services. And because we are ourselves technology people, we prefer groups with a lot of technical depth. We care more about how smart you are than how old you are, and more about the quality of your ideas than whether you have a formal business plan. " I've heard they'll give anywhere from 15-100k and range from 1-8% equity. Most likely a much better path than taking money from a random ET member. You can apply online, they do biannual funding rounds for 10-20 startups.
why don't use just pre sell your software like half the other software startups. then use the money to build out.