[AR] Re: Funding for projects
- From: Carlo Vaccari <airplaniac2002@xxxxxxxxx>
- To: arocket@xxxxxxxxxxxxx
- Date: Wed, 9 Oct 2013 01:16:04 -0400
I'm sure hobby rocketry businesses wouldn't mind paying a little to have
their name associated with your project. It won't bring in enough bank to
fly an S motor, but every little bit counts.
For Bare Necessities, some electronics were paid for by my school's
engineering department, and one altimeter was basically a demo from the
manufacturer. The rest was mostly personal funds; in the first place we
planned out the project to fit within our means. (that was probably $5-6k
in total, including electronics)
That said, do you care to inform us some details of this wonderful design?
While I'm not in a position to fund much, that doesn't mean I'm not
curious... I want to know how similar it is to my own wonderful designs
that almost certainly won't see the light of day.
Carlo Vaccari
On Wed, Oct 9, 2013 at 1:01 AM, Aidan Sojourner <aidan@xxxxxxxxxxxx> wrote:
> Sorry, I forgot to mention-
> We are all students with either a retail job, or no job. My current "life
> savings" is about $1k. $7.5k is a lot for us, but not really a lot for
> someone who has a college degree and makes more than $10 an hour.
>
> I forgot option 3: Beg parents for money. Say it's for "education"(I guess
> it is, in a sense).
>
> Thanks,
> Aidan
>
>
> On 8/10/13 8:45 PM, Thomas McNeill wrote:
>
> Aidan,
>
>
> Is this a university club project? There are plenty of options
> there. When I was at UCF our SEDS club managed to get good funding from
> local companies and the university. If it is on your own I have to say
> $7.5k isn't much. I could swing that on a part time job or some freelance
> work. It might delay my projects some but I would have the money. It you
> were needing $75k or $750k then it is a bigger problem.
>
> Thomas
>
>
>
>
> On Tue, Oct 8, 2013 at 10:38 PM, Aidan Sojourner <aidan@xxxxxxxxxxxx>wrote:
>
>> 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.
>> Why would someone donate $100 for ANOTHER PERSON to go do something? It's a
>> donation, sure, but what does the donator get out of it? For Video
>> Games/Movies/other content, the donate gets the content. This is why
>> Kickstarter is successful in this category. What exactly does the donator
>> get in our case, save for a magnificent view of earth from onboard our
>> project? I would never pay $10, let alone $100 for that, and I don't know
>> anyone else who would.
>>
>> Another option is a capital investment from a single source. How would
>> you convince someone to give you $7.5k to send a sounding rocket to 200,000
>> feet? The same with kickstarter, what exactly would they get out of it?
>> CSXT got a lot of funding from the GoFast energy drink company. How did Ky
>> manage to swing this? Was it simply because it was a large, historic event?
>> The recent "Aeropac 100k" project in 2012 got funding from Google, I
>> believe since Google wanted to do a commerical based on the project. In
>> both of these examples, the donator got their name heard. (google has not
>> yet, although I hear they are going to release the commerical sometime this
>> fall) Everyone in the rocketry community heard of the "GoFast Rocket", and
>> the google commercial will likely bring more revenue in sales than they
>> spent.
>>
>> </wall of text>
>> Maybe I seem negative. What have you guys tried/thought about? I am open
>> to any suggestions, and I would love to get this project started.
>>
>>
>
>
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