== <span style="font-size:medium;"><span style="font-family:arial,helvetica,sans-serif;"><ins><span id="docs-internal-guid-4db3488c-6cbd-69b1-b034-959aaf3dc771"><span style="color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Implement Your Student Prototyping Fund</span></span></ins></span></span> ==
<span><span style="font-size: 16px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;"></span></span>
<span id="docs-internal-guid-4db3488c-6cbd-69b1-b034-959aaf3dc771"><span style="font-size: 16px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Once all the initial startup work is complete, and adequate funding has been found, it is time to implement your Student Prototyping Fund. Student groups will come to your organization in search of funding, and a great way to determine what groups would be good to fund is to set up an application process. The results of this process should highlight potentially valuable groups, and following is a list of methods that can be useful in creating an application process.</span></span>
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<ul style="margin-top:0pt;margin-bottom:0pt;">
<li><span style="font-size:medium;"><span id="docs-internal-guid-4db3488c-6cbd-69b1-b034-959aaf3dc771"><span style="background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Require applicants to have a documented mission statement. It is best if their mission as an organization aligns with that of your organization.</span></span></span></li><li><span style="font-size:medium;"><span id="docs-internal-guid-4db3488c-6cbd-69b1-b034-959aaf3dc771"><span style="background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Require applicants to have a faculty or community sponsor that will support them and give them advice throughout the startup of their organization.</span></span></span></li>
</ul>
<span id="docs-internal-guid-4db3488c-6cbd-69b1-b034-959aaf3dc771"><span style="font-size: 16px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap;">Once applicants have been chosen as beneficiaries to receive funding, it is key to support them in their ventures. The Prototyping Fund should provide educational opportunities for its recipients in order to assist them in their initial work, such as pop-up classes, rapid prototyping, entrepreneurship design thinking, and the business canvas model. Another great way to assist recipients is to host meetings for organizations to attend in order to discuss problems, roadblocks, successes, etc.</span></span>