Plus one million dollars is great for the future of the project. Several such investments and the caps are ready)
1 mill is enough to get the project of the ground until it's ready for prime time
The project is so broad and i feel that 1 mil. is not enough, it may cover some of the expenses and other marketing program but getting of the ground will take a lot budgeting and tightening of expense.
I consider more important that the amount itself the fact that someone has decided to invest one million of his money in this project. That means that he has seen a true potential in the project.