<li><span id="docs-internal-guid-df411d27-2c07-8e74-2fe2-a313f4021c3a"><span style="font-size: 11pt; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Background</span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: Students either kickstarting their Senior Design Project or Honors Servant Leadership Project may apply for up to $500 as seed funding.</span></span></li><li><span id="docs-internal-guid-df411d27-2c07-8e74-2fe2-a313f4021c3a"><span style="font-size: 11pt; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">How it works</span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: Students fill out an application outlining the project, what the money will be used for, and why it’s important that they receive this seed money. There is a finite amount of funding, and it is dealt out first come first serve.</span></span></li><li><span id="docs-internal-guid-df411d27-2c07-8e74-2fe2-a313f4021c3a"><span style="font-size: 11pt; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Mission</span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: To enable students with projects to get off the ground and ensure they have a solid foundation to get off of. Going through the application process also forces the student, if they haven’t already, to aggregate and deliver the project concisely in a way that would warrant them funding.</span></span></li><li><span id="docs-internal-guid-df411d27-2c07-8e74-2fe2-a313f4021c3a"><span style="font-size: 11pt; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Entrepreneurial Tie</span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: The seed funding enables students to achieve goals more quickly as funding may be something holding students back from moving forward with their project.</span></span></li><li><span id="docs-internal-guid-df411d27-2c07-8e74-2fe2-a313f4021c3a"><span style="font-size: 11pt; background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Competitors</span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: Any outside or inside investors - Senior Design Seed Funding however, is both certainly reliable and relatively easy to obtain compared to outside sources of funding like Angel Investors or Venture Capitalists.</span></span></li><li><span><span style="font-size: 11pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span><span style="background-color: transparent; font-size: 11pt; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Outcome</span><span style="background-color: transparent; font-size: 11pt; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">: Students are able to drive ideas forward with seed funding and likely have some money to fall back on later in the project.</span></li>