Hey Shell family. We've been overwhelmed by the positive response to the Shell's Launch UMD campaign. That's why we've decided to announce two stretch goals: $20,000 and $35,000.
Stretch Goal #1: $20,000
With the additional $10,000, the Shell will be able to fund more specialized equipment and studio space for our startups. These funds will go toward creating a pop-up photography and print studio for both our creative startups' use and our members' use in staging professional photoshoots of their products and team. This funding will also go toward subsidizing members' travel to national technology conferences and expos, in order to better network with industry leaders and showcase their work across the country.
Stretch Goal #2: $35,000
Here, we're dreaming big. An Innovation Fund of $35,000 will enable us to accept more members per batch, which means more students will be able to work out of the Shell and share our resources to build their ventures. We also will be able to host more public dinners with industry leaders at the Shell. With our projected use of our current funding, we can only accept about 25 students per batch. With this stretch goal of $35,000, we hope to increase that number in the coming years as the entrepreneurial ecosytem at UMD grows.