Angel Investment Journal - Angel Investing and Entrepreneur Blog



Creative Fundraising

Posted in Funding/Investing by on the February 7th, 2007

A team that is attempting to compete for the Lunar Lander X-Prize is trying to raise money by auctioning a piece of the action. The auction on eBay says that you can bid on the chance to not only sponsor the lander which they build, but you get to keep one of two crafts which will be used in the contest. In addition, you get 50% of the prize money, meaning you could win up to $675k. Via Engadget.

This is a creative and potentially successful way to help raise money for their venture. Not only does it help raise funds, but the method of raising the money can generate great publicity.

Leave a Reply