Business & Administration
Evaluation
and Approval Criteria
The Opportunity Fund
applications will be evaluated based upon the following criteria prior to
funding:
·
Demonstration of direct link and impact upon the directions set
forth in the University Plans and, specifically, in the 2002 Goals.
·
Demonstration of direct/documented impact on increasing student
enrollment.
·
Documentation of search for alternative funding, such as external
grants/contracts or private funding.
·
Documentation of a review of unit of responsibility for possible
funds that could be reallocated.
·
The development of a three-year Business
Plan that
identifies the expected short-/long-term outcomes/benefits of the program
or project along with the revenue and expenditure implications.
·
The development of performance factors and performance goals to
measure if the program/project is on target or whether adjustments or
cessation is required.
Process for Opportunity Fund Proposals
Opportunity Fund Concept Paper Format (link to template)
Business Plan Format (link to template)
