Decided about the summer

After deliberating about my summer plans, I decided about it yesterday. I talked to that professor, and I asked him to support me here for the summer. This summer, I won't go for an internship anywhere. Instead, I will stay here in the university, and will work on our XPrize competition.
In our yesterday's meeting, we discussed about the potentials. The professor told me that we didn't have enough money to support you at this time; however, we will work on it. By the end of this summer, we hope to get enough resources.

I know that it is a challenging project for me. It may even procrastinate my PhD, and I will not get paid enough for it. Nevertheless, I would like to try my chance here. If I become successful, I would have the chance to get everything that I want. It was always my desire to be an entrepreneur, and this project is a great opportunity.