The problem isn't the financial backing. The problem is getting anyone in a government to lend us legitimacy via a Letter of Marque or other anti-piracy mandate, something that the potential financial backers are quite adamant about acquiring before putting up any money for the project.
I and a few others did look into outfitting a Q-boat privateer to go pirate hunting in the Indian Ocean a few months ago. Unfortunately we have yet been able to get anyone to even give us the time of day. The reason we didn't post anything on APS about it is that Oleg rightly advised that I not advertise this here before it got anywhere. As it currently stands it still isn't going anywhere, but only for lack of political connections.
If any of you have any such inroads that would allow us a chance to put forth our proposal in a serious setting, a PM to myself would be most appreciated.
For those interested in the numbers, the necessary start up capital we will need is roughly $8,000,000.00 USD with an annual operating cost of about $1.2-1.5 million USD and as I said, we do have some potential backers already.