Fundraising
Obtaining cash and in-kind donations was critical to the completion of Maize & Blue. Early on in the project, the team created a dedicated group focused on raising funds. Team sponsors ranged from the University of Michigan itself to corporate sponsors and university alumni. In total, there were hundreds of sponsors who contributed to the project. Corporate sponsors included Ford Motor Company, IBM, Northwest Airlines, General Motors, 3M, Magnetek, TRW, Monroe, BASF, Dana Corporation and many others. Among the individual alumni sponsors, University of Michigan alumni Charles Hutchins stood out as a major contributor.
Read more about this topic: 1993 "Maize & Blue" University Of Michigan Solar Car