Difference between revisions of "Team:UMaryland/fundraising"
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<h1 align="center"><b>A Step-By-Step Guide to Successfully Financing Your iGEM Team</b></h1> | <h1 align="center"><b>A Step-By-Step Guide to Successfully Financing Your iGEM Team</b></h1> | ||
| − | <h2 align="center">By UMaryland iGEM</h2> | + | <h2 align="center">By Kevin Fan, Fundraising Chair of UMaryland iGEM 2015</h2> |
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| + | <p style = "font-size: 18px">Kevin has successfully started several non-profit companies focused on enhancing science education among younger students. From his experiences, he has had prior training in accounting, management, and leadership. He is thus uniquely qualified to address the topic of acquiring team funding, which he does so in the following piece. -- Iowis Zhu, President of UMaryland iGEM 2015</p> | ||
<p style="font-size: 24px">Table of Contents</p> | <p style="font-size: 24px">Table of Contents</p> | ||
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<p style = "font-size: 22px"><i>Corporations</i></p> | <p style = "font-size: 22px"><i>Corporations</i></p> | ||
<p style = "font-size: 18px">There are many corporations out there that would be happy to help students, but it’s really hard to get a hold of them unless you know a key contact. For UMaryland iGEM, we found a contact with MedImmune and Dupont.</p> | <p style = "font-size: 18px">There are many corporations out there that would be happy to help students, but it’s really hard to get a hold of them unless you know a key contact. For UMaryland iGEM, we found a contact with MedImmune and Dupont.</p> | ||
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<p style = "font-size: 22px"><i>Grants</i></p> | <p style = "font-size: 22px"><i>Grants</i></p> | ||
<p style = "font-size: 18px">Although UMaryland iGEM 2015 did not apply to any grants this year, we did apply to the Maryland Leadership and Discovery Grant in 2014, our inaugural year. Grants can take a while to process, so start them very early in the competition season. Try to have them submitted by early Spring at the latest.</p> | <p style = "font-size: 18px">Although UMaryland iGEM 2015 did not apply to any grants this year, we did apply to the Maryland Leadership and Discovery Grant in 2014, our inaugural year. Grants can take a while to process, so start them very early in the competition season. Try to have them submitted by early Spring at the latest.</p> | ||
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| + | <p style = "font-size: 22px"><i>Individual Donations</i></p> | ||
| + | <p style = "font-size: 18px">Account for a very small portion of the fundraising. It is unlikely that any individual will contribute more than a few hundred dollars. I was able to give a presentation at the Gaithersburg Rotary Club about a topic we were researching that was of interest to them, and they featured us in their newsletter. I’m not sure if anybody donated because of that, but individual donations en masse can add up to a significant sum.</p> | ||
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| + | <p style = "font-size: 22px"><i>Product/Service Lines</i></p> | ||
| + | <p style = "font-size: 18px">I’ve heard of other iGEM teams selling products or services to make money. UMaryland has never done that before, but the summer science camp is a very lucrative business that we may look into in the future.</p> | ||
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Revision as of 22:07, 11 September 2015
