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[[File:DormRoomFundLogo.png|thumb|right|300px|DormRoomFundLogo.png]]
= Overview =
<span style="font-size:medium;">DRF invest's on a founder-friendly uncapped convertible note. This means that they loan money to a startup, but instead of receiving their money back after a certain time period, the note converts into stock. However, if the startup is successful without raising additional capital or pursuing equity financing, the note may not convert and the startup can choose to simply repay the note plus a very nominal (around 2%) interest rate. At Dorm Room Fund they try very hard to operate as transparently as possible so that every aspect of their terms are clear and understood. Knowing that some companies won’t work out, they realize that a '''failed company is not the same as a failed entrepreneur'''. As long as everyone learned something, they view this money as tuition paid toward an entrepreneurial education – for everyone involved. So, if it turns out that your company does not explode into the next billion dollar business and instead fails, the Dorm Room Fund takes a loss and the founders '''DO NOT need to repay the money''' whatsoever.</span>
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== '''The Support System'''<br/> ==
= Steps Required To Bring Resource to Campus =
<span style="font-size:medium;">So far they mostly operate in the 5 cities listed above but they mention in their website that they do not completely rule out investing in companies outside of them. If you do live in </span>[http://dormroomfund.com/newyork New York City]<span style="font-size: medium;">, </span>[http://dormroomfund.com/bayarea San Francisco Bay Area]<span style="font-size: medium;">, </span>[http://dormroomfund.com/philly Philadelphia]<span style="font-size: medium;">, and </span>[http://dormroomfund.com/boston Boston] follow these links to learn more about the specific network in your city<span style="font-size: medium;">. To get them associated with your campus simply get a start up from your school to fill out there [http://dormroomfund.com/apply application form] </span><span style="font-size: medium;"> Since the are only one year old and already have spread to five cities I imagine they will soon spread to more especially if there is already an established entrepreneurial environment.</span>
= Contact Information =
<span style="font-size:medium;">The best way to contact them is through their website [http://dormroomfund.com/ dormroomfund.com]. They have a contact form and also a tab to submit a business idea to be accepted into their program. They also have a [https://www.facebook.com/DormRoomFund Facebook Page] and a [https://twitter.com/dormroomfund Twitter].</span>