Brief: Bemidji State University new freshman innovation fund for student led projects
We are setting aside $25,000 in 2014-2015 for student led projects submitted by new freshmen students that fit any of the following categories:
1. A service learning or humanitarian project addressing a substantive community need
2. A Student/faculty research pursuit that creates new knowledge
3. A business start-up
4. A global/international semester-long experience
The maximum award for a project is $2,500. A student may only be awarded once, but may apply for more than one award category. Students may partner and combine resources when applying for an award. If denied an award, a student may apply the following year.
Interested students should review the criteria for the award that aligns with their interest, and apply using the applicable application form. Awards will be made by October 1 of fall semester and the proposed project must be completed by April 1 of spring semester.
A committee of faculty, staff, and community members will review applications for projects and recommend to the provost those they believe should be funded.
Students applying for a project must have a faculty or staff mentor who voluntarily agrees to work with them during the year. They must review and sign the proposal.
A group of students may apply for an award, but the award amount may not exceed $2,500 regardless of the number of students involved.
Funds may be used for travel, materials/supplies, software, and equipment needed to implement their project. Funds may not be used for payroll of any type.
The purpose of the BSU Fund for Student Led Projects is to promote creativity and innovation among students at Bemidji State University. The fund will help selected students with start-up resources to plan, design, and implement a project that meets a community need, creates new knowledge, starts a new business, or allows the student to pursue a global/international semester-long experience. The goal is to enable students to pursue an initiative that they are passionate about and would have a positive impact on the student as well as others. The fund is supported by a grant from BSU Academic Affairs.
Address and email
If this is a group project, list any other student partners, along with their cell phone numbers and email addresses
Name/ Phone / email
I (we) hereby declare that this idea is my (our) original idea.
______________________________________________ Date _________________________
The following faculty/staff member will mentor me/us on this project:
_____________________________________________ Date _________________________
Use this section to tell us about your project
1. Explain your goals/objectives and why we should fund your project. As part of your rationale, indicate the length of time you expect to be engaged in the project from start to finish.
2. Describe how others will be impacted by this project. Use this section to describe the value of your project to society. Will your community and the world be a better place because of your idea?
3. Explain the current status of the project. For example, have you completed a business plan for how funds will be used? Have you already begun working on this? Have you completed any preliminary work to assess the need for this project? If research is involved, have you thought about clearing this through BSU’s Human Subjects protocol if applicable? Have you contacted others who may be involved or impacted by this project?
1. How many people will be involved in the project from start to finish?
2. Will any of the participants in the project be non-BSU students? If so, who are they?
Project proposals will be evaluated on the following:
1. Clarity and development of the idea
2. The overall feasibility
3. Creativity /innovative
4. Societal benefit
If a business start-up (if not a business start-up, you may skip this section):
Who are your Customers?
Use this section to tell us who will use your product or service – meaning your potential customers. Who are they? Why do you think they would like your product or service?
Who are your Competitors?
Use this section to tell us about some of the businesses currently selling your product or service.
You may skip this section by writing “no competition”.
How will you compete with them? Will you be competing by price, quality, or what? What would make your customers to buy your product or service and not from your competition?
Who are your Suppliers?
Use this section to tell us how you would secure supplies or raw material for your product or service. This will include items that you would need to make your product. You may skip this section if it is not applicable
Who are your Distributors?
Use this section to tell us how you intend to distribute or sell your product or service to customers. Distributors are those businesses / individual agents that will sell your product / service on your behalf. If you are not using distributors, tell us how you intend to sell your product or service to customers.
What is the basis of your competition?
Use this section to tell us how you intend to compete in market – price, differentiation, focus etc
Please submit your completed application along with a copy of your business plan describing how the funds will be used. If you do not have a business plan, you will be expected to submit one within the first month of being awarded funding.
Submit your application to:
Martin Tadlock, Provost/VPAA
301B Deputy Hall
1500 Birchmont Dr. NE #3
Bemidji, MN 56601
For questions, contact Dr. Tadlock at firstname.lastname@example.org