Resource:How to create a student prototyping fund
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Contents
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Where to Start
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Obtaining the Proper Funding
When in the search for funds, a great place to start would be on campus. Any type of center for entrepreneurship will have an open ear to new business ventures. They will also, most likely, have donors of their own so do not hesitate to ask for their resources. Branching out to local investors is also a great way to go as long as you are sure that you present an idea with a very strong foundation. Having a good foundation is the most important part of asking for funding. Grants are also a very good way to go. Grants can be found locally after doing research. It is essential to make sure that the mission of the funding party matches that of the asking party. If it were to occur that the two missions did not match, it could result in conflict later down the line. This makes choosing the funders carefully, a very critical aspect.