BUCKLE UP EVERYONE WE’RE GOING TO GO ON A WILD AND EXHILARATING JOURNEY INVOLVING SPREADSHEETS AND LOTS OF MEETINGS
BLUEsat does a lot of cool stuff. Robots, satellites and radios are all super cool. They get you engaged, using practical skills and building something physical that you can show off.
TO DO ALL OF THAT, YOU NEED MONEY
Soft drinks paid for a surprising amount of the robot
Before you can even start on figuring out how to allocate money to all the people who need it, you need to work out a rough budget for the project itself. As a non-technical member, I have no idea how much stuff costs. It therefore falls on team leads and the CTO to give me the numbers that we need to work with.
Batteries are expensive
I speak to work out a reasonable amount that can be allocated to each project, based on funding from previous years. Team leads then return a budget, and we discuss which parts are essential, working towards a target amount that everyone is happy with.
It’s at this point that we start stressing about how we’re going to afford all of this.
After figuring out how much money we’ll roughly need for the year, how we’re going to get the money suddenly become very important. Traditionally, BLUEsat has gotten a significant chunk of its funding from the University. In more recent years, our operations have grown and we’ve started working on two projects in tandem. This naturally increases costs. To keep up with our increasing capacity to churn through cash, we’ve started to seek sponsors from outside the university.
BLUEsat is currently sponsored by:
Once all of that is done, we’ve got our budget for the year! Wouldn’t life be nice if nothing unplanned for happened?