ASU
Acadia Students' Union

Funding

Funding 

The Wellness Fund and Student Activities Fund are available to all Acadia students to support their initiatives and the advancement of the larger student body. In order to better focus resources and support the Acadia Students' Union (you) we have made a Strategic Plan which draws on aims and goals set out by the Acadia Strategic Plan and the Maple League Vision. This is done through way of conditional financing and specific funds.


 

Wellness Fund

In the fall of 2010, Acadia students voted by way of referendum to contribute $30 dollars annually ($15 per semester) per student to the Student Wellness Fund. The fund was initiated to accommodate the individual needs of students and enhance their overall sense of wellness through various initiatives. The primary initiative for the fund was to partner with the University and create the present Fitness Centre at the Acadia Athletic Complex and more recently the Skatepark and Outdoor Fitness area behind Crowell Tower.  

What is wellness? 

Wellness incorporates a number of different dimensions, but all contribute to an individual’s overall well-being. 

  • Professional
    • Workshops
    • Conferences
    • Competitions
  • Personal
    • Fitness
    • Mental Health
  • Community
    • Business Ideas
    • Banquet/Dinner

Conditional Financing Available:

Up to and not exceeding the amount of

  • $100 for hosting event in the SUB, and/or using SUB resources (catering)
  • $100 for co-hosting events and collaboration with other clubs, departments, or universities
  • $100 for including the ASU as a co-host/sponsor on advertising and materials at event
  • $250 for environmental and cultural initiatives on campus
  • $100-$1000 for bringing in Professionally accredited speakers for students to network with (accreditions recognized: Ph.d, Executive, Chartered, or Founder)

You can apply at anytime throughout the academic year and summer 

Required for application: 

  • A letter of support written by you and addressed to the Student Funding Committee must be attached to this application, describing the justification, support, and potential for the initiative. This letter must be sent to the ASU Vice President Finance & Operations (Brendan MacNeil) and Building Services and Events Manager (Angela Govier) before the application will be processed. This will be complete when you submit the online form.
  • A follow-up report must be submitted no later than one week after the completion of the initiative detailing the outcome to angela.govier@acadiau.ca 
  • Application must also be filled out at the webpage mentioned above. Please include budgets, quotes and all important information as your application may be delayed otherwise.  

 

Entrepreneurship Fund

This fund is a sub-section of the wellness fund, and is open to any student entrepreneur at Acadia. In recent years, and particularly in Halifax and Atlantic Canada, entrepreneurship has been on a rapid climb. It helps efficiencies and optimizations in the worlds of Science, Business, and Arts, and creates jobs for recent grads and seasoned professionals alike. Students are a melting pot of ideas and fresh perspectives, and this fund is designed to help students take their idea to the next level to be investment ready. If you are wondering how to get going on your idea, or where to go for the next steps, see Brendan MacNeil, Old Sub 621. 

What is this fund for?

Designed to give the entrepreneur runway to get over the last threshold before beginning to pitch to investors & scale.

  • Prototyping
    • MVP Development
    • Manufacturing Costs
  • Marketing
    • Website Design
    • Promotional Materials
  • Sale & Scale
    • Sales Funnels & Development
    • Hiring Talent

Criteria:

  • In addition to those set out by the wellness fund:
  • must be a member of the incubator or equivalent startup support program, of which any student of Acadia University can apply and be a part.
  • Must have a written letter of recommendation from those faculty advisors or mentors to the incubator.
  • Must have been developing the project in some capacity for at least 6 months,
  • must be partnered with a faculty advisor, alumni or professional mentor, or tenured research partner.
  • Funds must be used directly foremost for the development of the entrepreneur’s product, and secondly for the marketing and sale of such already developed product.

Funds

Minimum: $250 meeting the above criteria and pertaining to low cost/benefit expenses such as marketing and sales development

Maximum: $1000 meeting the above criteria and pertaining to major product & company development, such as the hiring of a key person, or the building of a website/sales funnel

Required for application: 

  • A letter of support written by you and addressed to the Student Funding Committee must be attached to this application, describing the problem-solution-market fit, development you have done thus far, and a breakdown of costs, including those that these funds will be spent on. This letter must be sent to the ASU Vice President Finance & Operations (Brendan MacNeil) and Building Services and Events Manager (Angela Govier) before the application will be processed. This will be complete when you submit the online form.
  • A letter of support written by your mentor or advisor addressed to the Student Funding Committee must be attached to the above letter and submitted in the application.
  • A follow-up report must be submitted no later than one week after the completion of the initiative detailing the outcome to angela.govier@acadiau.ca 
  • Application must also be filled out at the webpage mentioned above. Please include budgets, quotes and all important information as your application may be delayed otherwise.  

Media Fund

This fund is a sub-section of the wellness fund, and is open to any student creator at Acadia. It is designed to better promote the events and activities of the Acadia Students' Union while supporting the talent of our student creators. Applications can be made on the basis of capturing/promoting a future event, series of events, or simply an idea that will promote the students' union to itself, and to the broader community as well.

What is this fund for?

Designed to give student creators the opportunity to earn money while also promoting the ASU.

  • Video Making
    • Event Hype/Recap videos
    • Campus/Student Stories
  • Photography
    • Event Promotion
    • Capturing Campus/Student Stories
  • Graphic Design
    • Event Promotion
    • Capturing Campus/Student Stories

Criteria:

  • In addition to those set out by the wellness fund:
  • must have experience creating media
  • must follow bylaws of the ASU
  • must promote the Students’ Union in a complementary and not unflattering manner

Funds

Minimum: $100 meeting the above criteria and pertaining to a single project

Maximum: $1000 meeting the above criteria and pertaining to a major project or series of projects

Required for application: 

  • A letter of support written by you and addressed to the Student Funding Committee must be attached to this application, describing the project and any supplementary storyboards/mockups that will make the decision easier, how it will promote the ASU, and the timeline. Past experience and samples of work are an asset. This letter must be sent to the ASU Vice President Finance & Operations (Brendan MacNeil) and Building Services and Events Manager (Angela Govier) before the application will be processed. This will be complete when you submit the online form.
  • A follow-up report must be submitted no later than one week after the completion of the initiative detailing the outcome to angela.govier@acadiau.ca 
  • Application must also be filled out at the webpage mentioned above. Please include budgets, quotes and all important information as your application may be delayed otherwise.  

Students Activities Fund

The Student Activities Fund is a joint initiative of the Acadia Students’ Union and Acadia University. It focuses primarily on student travel to conferences, networking events, or any otherwise personally developmental activities. 

Applications must be completed AT LEAST one month before funding is needed. 

The Student Activities Fund is designed to help fund such items as:

  • Conference travel 
  • Building and facility rentals 
  • Staffing and security costs 
  • AV equipment rentals 
  • Event decorations 
  • Some banquet fees 
  • Group travel 
  • Guest speakers 
  • Club clothing bought from Cajun's/ASU

Ineligible items are things like:

  • Posters flyers, and other advertising 
  • Promotional or participant clothing bought outside the ASU 
  • Surplus final budgets 
  • Alcohol 
  • Debt payments 
  • Bottled water 
  • Courses (in and outside Acadia) 

Conditional Financing Available:

Up to and not exceeding the amount of

  • $50/student for posting on social media about and during the event, and providing posts to Blake Steeves (blakesteeves@acadiau.ca)
  • $50/student for attending Maple League events
  • $50/student for attending events out of province and at national/international level
  • $50/student for presenting research conducted at Acadia University at another school or event

Application must be completed at least one month before funding is needed