[AR] Re: Funding for projects
- From: Jonathan Goff <jongoff@xxxxxxxxx>
- To: arocket@xxxxxxxxxxxxx
- Date: Wed, 9 Oct 2013 07:07:44 -0600
Aidan,
I'd like to echo what Thomas is saying. I took a similar route when I was
at BYU, and was able to get something like $500-600 for our club. Not
enough to do a sounding rocket, but enough to get things going, and to fund
building a rocket igniter test rig. Had we then taken Thomas's route and
tried to get donations from local businesses, we probably could've gotten
additional funding. I also like Bill's suggestion of throwing a dinner or
party of some sort to raise funding. Make sure you familiarize yourself
with school rules for that sort of fundraising first, but if you play your
cards right, you can actually fund quite a lot that way, and get businesses
to chip in "in kind" services.
One of the dirty secrets of rocketry is that the funding part is almost
always a significant part of the difficulty of a rocket project. Whether
you're an amateur group, a bootstrapping startup, or NASA, the "No Bucks,
No Buck Rogers" line is legit.
~Jon
On Wed, Oct 9, 2013 at 6:34 AM, Thomas McNeill <thomas.mcneill@xxxxxxxxx>wrote:
> Is there a club at school associated? If not you might want to consider
> it. We approached student council and was able to get some funding. Then
> we putty together a nice document about our project and went door to door
> at surrounding businesses. It adds up quick. You can give them
> advertising on it.
>
> Thomas
>
>
>
> On Wed, Oct 9, 2013 at 8:21 AM, James G <d0ch011iday@xxxxxxxxx> wrote:
>
>> I guess you aren't an advertizing and marketing major...
>>
>> $10 ~ $100 isn't that much. You can spend that much on dinner or night
>> out. People like to give to charities and activities they are interested
>> in. And little donations add up to quite a bit. Crowdfunding has provided
>> ridiculous funding for the most obscure and useless (IMO) projects. You
>> don't have to understand it or see the appeal, you just need to know how to
>> access it if you want to pursue your goal.
>>
>> As as already been mentioned you can find conventional sponsors for your
>> project as well. Your model is racing sponsorships. Think outside of the
>> box. It does not have to be rocketry related (ie: Redbull does not make
>> balloons or space suits). Don't let "no" deter you. You will hear it a lot.
>>
>> Good luck,
>> -James
>>
>> From: Aidan Sojourner <aidan@xxxxxxxxxxxx>
>> Subject: [AR] Funding for projects
>>
>> How do you guys get funding for your projects? My team has a wonderful
>> design that will probably never see the light of day due to lack of
>> funds. We are expecting upwards of $7.5k for the project, something that
>> none of us can manage.
>>
>> We have thought about kickstarter, but I personally don't see the
>> appeal.
>>
>>
>
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