Design Team Fund

Design Team Fund

Contact:	Ryan Reszetnik, VP Finance Andrew Xie, Funds Director
About
Amount	~$33,000/semester
Allocators	Design Team Fund Committee
Distribution	Once/semester
Who can apply	EUS Recognized Design Teams

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

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PDF

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

Presentation

• <6 minutes in length, followed by 6min Q&A
• Basic overview of all the previous information

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

Example Funds Request

Here is an example bundle of files you would submit to the DTFC:

• File:DTFC Application ex.pdf
• File:DTFC Presentation ex.pdf
• File:DTFC SponsorshipPackage ex.pdf
• Budgets from this year & last