1. Approach / Fund Utilization
Proposal Title
Problem Statement
Approach / Fund Utilization
What is the motivation/need for the proposed funding?
What evidence is provided to substantiate this need)?
How will the funds be used to expand or enhance ASME’s impact?
Is the proposal for a new initiative or an expansion of an existing one? If existing one, explain prior investments and ROI.
Does the proposing team have any previous experience with such initiatives?
Will the initiative engage another segment or part of ASME?
What are strengths and opportunities? Unique benefits?
What is the timeline and is it reasonable?
Make connection with ASME’s five core technology areas—advanced manufacturing, robotics, clean energy, bioengineering, pressure technology—or eight enabling technologies (i.e., IoT, Big Data, Artificial Intelligence, Cybersecurity, Design, Materials, Nanotechnology, Sustainability)
Impact / Performance Metrics
Insert descriptive picture or schematic or figure if needed to make point better
What is the anticipated effects of the proposed initiative? Value Proposition?
What is the likelihood that it will expand or enhance ASME’s impact?
How / when will we measure the impact?
How easily can the impact be scaled?
What is the anticipated return on investment (ROI), financially or socially?
Volunteer Team / Staff Resources
Budget Request / Plan
Segment Name
Names of Key Persons
Volunteer Team Makeup
Division / Group
Sections
Other Sectors
Staff Resources
List specific people if known
Estimated time (labor days/months)
External Resources
Specify NONE if not needed
Total: ????? Months ($$$)
List key milestones dates / when certain things need to be done so that the proposed plan is fully executed. At least start and end dates.
How will the funds be expanded?
Other detail that will help ascertain reasonableness of budget request.
What is the volunteer time estimate / commitment?