The shoes are made from mid-micron New Zealand sheep's wool, utilising a patent pending process comprising of knitting together wool fibres, melt-bond fibres, and multifilament yarn to form a unique knitted fabric.
"None of those early stages would have been possible without our funding partners at Wool Industry Research Limited and Grow Wellington," he added.
Last month, Three Over Seven's woollen sports shoe concept was awarded a place in a British Government-backed business accelerator programme in the UK.
Running enthusiasts keen to try out the lightweight shoe can now pre-order a pair by pledging their financial support on the Three Over Seven's Kickstarter page - currently the only way to purchase the Wool Runners.
"In time we would love to develop a more formal online channel for the Wool Runners and other products to serve the everyday athlete," he said.
Watch the Wool Runner Kickstarter campaign video here:
The next step for the idea is to begin manufacturing. A Portuguese factory is scheduled to start production of the shoes in April with shipping and delivery of the first Wool Runners set for June.
Brown says a key strategic business aim is to complete the patent process for the proprietary woolen fabric and license that out to other footwear manufacturers.
"All going well, The Wool Runners will be a case study for licensing our fabric, using a GoreTex type model, to other footwear companies."
"There's a real need for Kiwis to get smart and tough about their intellectual property," Brown said.