Leveraged Equipment Program Fiscal Year 2019

The Intent

The leveraged equipment funds are intended to provide resources to acquire state-of-the-art instructional equipment to train students in areas of high employer demand. The program is intended to help colleges and universities build long-term partnerships with communities and employers in high-need sectors. High employer job categories can be defined by DEED’s occupational demand data

The Match

State funds must be matched dollar-for-dollar by cash or in-kind contributions from non-state sources. The match must be related to the program equipment purchased with state funds.

Examples of eligibility for cash match funds include:

• Grant funds from non-profit, private, or federal sources awarded to the university
  Cash donations made directly to the university or through its foundation

In-kind contributions are non-cash gifts that have a calculable cash value. Examples of in-kind match include:

• The value of donated instructional equipment
• The value of donated materials, software, curriculum products, and supplies for the equipment
• The value of donated training provided by industry experts on the new equipment to MnSCU faculty, staff, or students
• The value of donated labor and materials required to install the equipment
• The value of vendor discounts on equipment purchases. Vendor discounts are defined as any reduction in price below the
• lowest bid price received after the procurement process.

The following sources may not be counted as match:

• Cash from state funds, including state appropriated funds
• Student-paid tuition or fees
• Physical enhancements or updates to a facility, such as construction or modification of a science lab

Proposals Submitted

Please consult with the Office of Advancement and Vice President Nathan Polfliet prior to soliciting donations for the equipment match. Connections with local businesses may already have occurred; therefore, more expedient contacts may be available through the Advancement Office. Because of limited funds, we want to maximize the match, so additional match, more than dollar-for-dollar funding, is acceptable and encouraged. A proposal should not be submitted unless a business partner is identified.

Review of proposals will begin as soon as they are received. Proposals not accepted will be held if additional funding becomes available.

• Proposal form in Word
  
  
• Proposal form in PDF format
  
  
• Leveraged Equipment Program Frequently Asked Questions