Difference between revisions of "Design Team Fund"
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Revision as of 18:05, 13 February 2019
| Contact: |
Ryan Reszetnik, VP Finance Andrew Xie, Funds Director |
|---|---|
| Amount | ~$33,000/semester |
The Design Team Fund is an EUS fund which exists to provide financial support to design teams! The funding is allocated by the Design Team Fund Committee (DTFC) to teams that have design team status, have submitted their budget, and have a sponsorship package for the year. Funds are distributed according to the Design Team Fund Bylaws.
Design Team Fund Committee
The Design Team Fund Committee (DTFC) consists of the EUS President, VP Finance, and VP Student Life, as well as one representative from each design team, and is chaired and organized by the Funds Director. In addition to voting on proposals, the DTFC also votes on design team status at the Design Team Fund meeting. Although this has been done as one vote in the past, the new DTFC structure allows for the status vote to be done by secret ballot.
Applying
The DTFC meets once per semester, normally about halfway through. Written applications are submitted first, followed by a meeting of the DTFC to deliberate the allocation of the funds.
- General expectations
- A representative is present at the meeting to present and answer questions
- No late submissions are accepted
- Additional sources of funding outside the EUS are sought after
- The Application
-
- Team Overview
- Team Name
- Team captain(s) & Financial Liaision(s) name(s) and contact information
- Overview of the team this year, it's projects, changes/improvements from previous years
- Team Funding
- Exact amount requested
- Explanation of how the funding will be used
- Overview of other sources of funding
- Team Plan
- Upcoming competitions (name, date, location)
- Capital acquisitions/investments lasting more than a year
- Where/how the team will represent McGill
- Recruitment & training plan
- Budget Spreadsheet
-
- Current & projected budget
- Last year's projected & actual budget
- Membership list, including name, ID, Faculty & Department, and the definition of a member
- Corporate Sponsorship Package
- Presentation
-
- <6 minutes in length, followed by 6min Q&A
- Basic overview of all the previous information