Identify two SPECIFIC funding sources for the design phase of your project and two SPECIFIC funding sources for the dissemination (implementation / distribution / commercialization) phase of your project.
For each funding source, explain why this is a good fit for your project, and what SPECIFIC aspect of your project might the funding source support.
- One funding source for the design phase of our project could be Greg Reihman at LTS. We are hoping to market this Living Space to institutions such as Lehigh, and as the director of Library and Technology services at Lehigh, he would have a stake in this project and potentially be interested in helping the project be pushed through to fruition. We would hope to receive some type of grant to help us buy the materials we need to prototype the space and do research.
- Another funding source for the design phase of our project could be the Venture Well E-Team Grant Program. Venture Well gives out grants to “early-stage student science and tech startups who are on the path to launching innovations with a social, health, or environmental impact”, which is what Living Spaces will be. Again, we would hope to receive some type of grant to help us buy the materials we need to prototype the space and do research.
- One funding source for the dissemination phase of our project could be a venture capitalist that specializes in sustainability, such as SustainVC. SustainVC funds “early-stage companies creating meaningful social and/or environmental impact.” We would need funding at this stage to buy materials to build the physical wall, pay for marketing, as well as pay for salaries of anyone involved.
- Another funding source for the dissemination phase of our project could be partnering with a company that would have the resources already that we might need. A company such as Knoll, who creates study spaces and has different types of furniture that would be appropriate for an institutional setting could potentially be interested in partnering with us and helping fund our venture such as buying materials to build the physical wall and helping pay for the marketing and labor aspects, as they already have those systems in place to accomplish their similar goals.