Funding Breakout Rooms

This class as we talked about the different parts of our projects we really focused on the funding of our projects and how we were going to succeed in making enough money for our project to succeed. For Mateo and his project of creating a park in Santa Rosa we found that according to Stanfords 10 nonprofit funding models he fell under public provider. That his project would be providing a service that benefits his community and could be founded by the government. His project is very interesting if he succeeds in getting funding could be very impactful. Jack’s project of the surf wax was very interesting because he makes a profit from his product. He has the ability make money from this project, so as we discussed not only how he would get the materials for the wax but also was he could do with the profit he makes. Something that became very interesting to me was how he wanting to employ these people who have lost their jobs to create a group of employees creating his wax. This was interesting because he was kind of killing two birds with one stone as he was creating a product helpful for the environment but also stimulating the economy. When it came to discussing my project I realized how on the surface my project needs little funding and could be very simple. At first most I would be able to charge a small fee from my participants to cover my expenses and could be finding easy ways to fund my project. But then Miss Amy brought up the fact that I could create my own “mutual fund” for my project. This was very intriguing and quickly got my attention. This could be amazing I though, “you could turn $1000 into $1,000,000”, Jack said. This was something that was very interesting because who doesn’t like free money and it is the perfect way to teach people about investing, investing. But I realized who much money this would cost plus the risks. This is something that is a dream but if I can get the funding I could really make my project something special.