Undergraduate Entrepreneurship Association Budget
FY2012 (July 1 2011 - June 30, 2012)
The Undergraduate Entrepreneurship Association (UEA) of Carnegie Mellon University promotes entrepreneurial thought and development at the undergraduate level. Through innovative workshops, lectures, and business plan competitions we educate students on building successful entrepreneurial endeavors. We run the annual Tepper Venture Challenge (started in 1999) which highlights the most pioneering and original business opportunities that undergraduate students are developing at CMU and the greater Pittsburgh region. Through the help of our Sponsors and Advisors we award these students with a small amount of initial financing for creating the most opportunistic ventures. Mission of the UEA # To develop entrepreneurial skills among CMU students and instill the entrepreneurial spirit # To offer opportunities to CMU students to be involved in entrepreneurship # To award outstanding business ideas through the annual Tepper Venture Challenge # To help undergraduate students formulate and develop their business plans and opportunities
JFC Rep:
Summary
| Requested | |
|---|---|
| Expenditures | $12,925.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Final | $1,225.00 |
| Recommended | |
|---|---|
| Expenditures | $12,125.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Final | $425.00 |
| Final | |
|---|---|
| Expenditures | $12,125.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $425.00 |
| FY12 Starting Balance | $425.00 |
Revenue
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Donations/Contributions (-) | $500.00 | $500.00 | $500.00 |
Elevator Pitch Competition prize money, covered by local sponsor |
| Donations/Contributions (-) | $200.00 | $200.00 | $200.00 |
Tepper Undergraduate Business Administration club funding |
| Donations/Contributions (-) | $1,000.00 | $1,000.00 | $1,000.00 |
Cross-campus NV Competition prize money, covered by local sponsor |
| Donations/Contributions (-) | $10,000.00 | $10,000.00 | $10,000.00 |
Tepper Venture Challenge prize money, covered by Meyer, Unkovic & Scott LLP, and other local sponsors |
| Sub-Total | -$11,700.00 | -$11,700.00 | -$11,700.00 |
CMU Elevator Pitch Competition
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Refreshments (+) | $250.00 | $100.00 | $100.00 |
Sandwiches and drinks for 30-40 entrants & spectators |
| Advertising Public Relations (+) | $50.00 | $50.00 | $50.00 |
Flyers for advertising, signage for event & sponsors |
| Donations/Contributions (+) | $500.00 | $500.00 | $500.00 |
Prize money - covered by sponsor |
| Sub-Total | $800.00 | $650.00 | $650.00 |
MIT Enterprise Forum
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Conference/Tournament Reg Domestic (+) | $200.00 | $0.00 | $0.00 |
Admission for 20 students to Pittsburgh MIT Enterprise Forum No local impact |
| Sub-Total | $200.00 | $0.00 | $0.00 |
Cross-campus New Ventures Competition
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Refreshments (+) | $200.00 | $200.00 | $200.00 |
Food & drinks for 20-30 entrants & spectators |
| Advertising Public Relations (+) | $50.00 | $50.00 | $50.00 |
Flyers for advertising, signage for event & sponsors |
| Donations/Contributions (+) | $1,000.00 | $1,000.00 | $1,000.00 |
Prize money - covered by sponsor |
| Sub-Total | $1,250.00 | $1,250.00 | $1,250.00 |
Tepper Venture Challenge
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Refreshments (+) | $350.00 | $100.00 | $100.00 |
Food & drinks (bagels & coffee, sandwiches & soda) for 30-50 entrants & spectators |
| Advertising Public Relations (+) | $75.00 | $75.00 | $75.00 |
Flyers for advertising, signage for event & sponsors |
| Printing & Publishing External (+) | $50.00 | $50.00 | $50.00 |
Printing card & foamcore to create giant check for the winners |
| Donations/Contributions (+) | $10,000.00 | $10,000.00 | $10,000.00 |
Prize money - covered by Meyer, Unkovic & Scott LLP |
| Sub-Total | $10,475.00 | $10,225.00 | $10,225.00 |
CMYou.net - Promotion Items Sales on Campus
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Advertising Public Relations (+) | $200.00 | $0.00 | $0.00 |
Flyers for posting, distributing to student orgs; signage You should be covering this with revenue from cmyou.net |
| Sub-Total | $200.00 | $0.00 | $0.00 |
By Object Code
| Object Code | Requested | Recommended | Final | Description |
|---|---|---|---|---|
| Advertising Public Relations (+) | $50.00 | $50.00 | $50.00 | Flyers for advertising, signage for event & sponsors |
| Advertising Public Relations (+) | $50.00 | $50.00 | $50.00 | Flyers for advertising, signage for event & sponsors |
| Advertising Public Relations (+) | $75.00 | $75.00 | $75.00 | Flyers for advertising, signage for event & sponsors |
| Advertising Public Relations (+) | $200.00 | $0.00 | $0.00 | Flyers for posting, distributing to student orgs; signage |
| Conference/Tournament Reg Domestic (+) | $200.00 | $0.00 | $0.00 | Admission for 20 students to Pittsburgh MIT Enterprise Forum |
| Donations/Contributions (+) | $500.00 | $500.00 | $500.00 | Prize money - covered by sponsor |
| Donations/Contributions (+) | $1,000.00 | $1,000.00 | $1,000.00 | Prize money - covered by sponsor |
| Donations/Contributions (+) | $10,000.00 | $10,000.00 | $10,000.00 | Prize money - covered by Meyer, Unkovic & Scott LLP |
| Donations/Contributions (-) | $500.00 | $500.00 | $500.00 | Elevator Pitch Competition prize money, covered by local sponsor |
| Donations/Contributions (-) | $200.00 | $200.00 | $200.00 | Tepper Undergraduate Business Administration club funding |
| Donations/Contributions (-) | $1,000.00 | $1,000.00 | $1,000.00 | Cross-campus NV Competition prize money, covered by local sponsor |
| Donations/Contributions (-) | $10,000.00 | $10,000.00 | $10,000.00 | Tepper Venture Challenge prize money, covered by Meyer, Unkovic & Scott LLP, and other local sponsors |
| Printing & Publishing External (+) | $50.00 | $50.00 | $50.00 | Printing card & foamcore to create giant check for the winners |
| Refreshments (+) | $250.00 | $100.00 | $100.00 | Sandwiches and drinks for 30-40 entrants & spectators |
| Refreshments (+) | $200.00 | $200.00 | $200.00 | Food & drinks for 20-30 entrants & spectators |
| Refreshments (+) | $350.00 | $100.00 | $100.00 | Food & drinks (bagels & coffee, sandwiches & soda) for 30-50 entrants & spectators |
By Ocode
| Requested | |
|---|---|
| Advertising Public Relations | $375.00 |
| Conference/Tournament Reg Domestic | $200.00 |
| Donations/Contributions | $23,200.00 |
| Printing & Publishing External | $50.00 |
| Refreshments | $800.00 |
| Recommended | |
|---|---|
| Advertising Public Relations | $175.00 |
| Conference/Tournament Reg Domestic | $0.00 |
| Donations/Contributions | $23,200.00 |
| Printing & Publishing External | $50.00 |
| Refreshments | $400.00 |
| Final | |
|---|---|
| Advertising Public Relations | $175.00 |
| Conference/Tournament Reg Domestic | $0.00 |
| Donations/Contributions | $23,200.00 |
| Printing & Publishing External | $50.00 |
| Refreshments | $400.00 |
Summary
| Requested | |
|---|---|
| Expenditures | $12,925.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Final | $1,225.00 |
| Recommended | |
|---|---|
| Expenditures | $12,125.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Final | $425.00 |
| Final | |
|---|---|
| Expenditures | $12,125.00 |
| Capital | $0.00 |
| Revenue | ($11,700.00) |
| Debt | ($0.00) |
| Rollover | ($0.00) |
| Total Subsidy | $425.00 |
| FY12 Starting Balance | $425.00 |