Funding Sources for UMD Students
Currently enrolled and matriculating student entrepreneurs are elligible to participate in our Terp Startup Accelerator, where they receive a stipend of up to $5,000 to work on their business for eight weeks over the summer. Additionally, student entrepreneurs who advance in our Pitch Dingman Competition may compete for a share of $30,000 in total funding.
Through generous gifts from Carly Fiorina and Kevin Plank, the Dingman Center has the ability to provide ad-hoc seed funding for University of Maryland startups. This funding can be in addition to any grants received through Fearless Founders funding. Grants range from $250-$1000. Funding typically goes towards equipment purchases, website hosting, rapid prototyping, incorporation fees or any other costs that you see a barrier to getting an idea to market. This funding is given in the form of non-dilutive grants. All we ask is that you think of us when you take your company public. If you are interested in receiving funding, read the requirements and fill out an application form.
The University Sustainability Fund provides funding for projects that promote environmental sustainability, and positively impact and enhance the student experience at UMD. The Fund will allocate funds to projects that increase the use of renewable energy on campus and/or in the local community, increase the energy efficiency of our facilities, reduce the amount of waste created and material resources used on campus, encourage sustainable behaviors, and integrate sustainability into teaching, research, and service at UMD.
The Terp Toolkit series on the Dingman Center blog provides practical tips for anyone interested in pursuing an entrepreneurial venture. Click any of the posts below to learn more.
The Dingman Center has compiled a list of suggested readings that we often recommend to our network.