BI-fund

Apply for support to student activities

The BI fund is given to BI Student Organisation by BI Business School with the purpose of increasing social integration for all students at BI. The fund should promote actions and activities that raise the quality of student life for the overall experience of being a student at BI Business School.

Application

Apply for funding from the BI fund today and get assistance for an activity

The fund should contribute to promote social and academic integration and a good learning environment for all students at BI Business School.

Economic support

Who can apply?

All students and student groups at BI Business School may apply for support from the BI-fund. All BISO-units, sister- and subsidiaries of BISO, BI alumni students and other organisations associated with BI students have the rights to apply for fund.

Others who may apply:

Possibilities

What the fund can be used for

The BI fund is to be used for academic and social events or other intensives that will increase the integration of students at BI Business School.

More specifically, the fund will support:

Application

Apply for support from the BI fund today and get assistance for your activity

It can be difficult to know what you can apply support for, but we encourage you to apply regardless of your idea! The finance committee in BISO looks forward to reading your application, giving you feedback and assistance if needed. Apply today for what you dream of achieving for your fellow students!

Tips & tricks

How to write a goodapplication for funding?

The best tip we can give is to apply for what you want to do. No applications will be flatly rejected and all applications will receive feedback. See below for some tips for writing an application.

Get started!

Fill in the application form, and we will help you today!

The finance committee is here to help you. At the bottom of this page, you will also find an FAQ with questions and answers related to the BI fund. We have also added the conditions for the fund, budget template and guidelines below so you can quickly get started with writing your application.

Who will process the application?

The finance committee of BISO processes all applications to the BI fund. The committee consists of a leader and several members from all BI’s campuses. The committee reads applications, looks at the budget and either prepares a recommendation for approval/rejection to the board of BISO, or provides feedback and tips for your application.

When the finance committee has processed an application, it is sent to the board of BISO for approval. The board of BISO assesses the application, proposal, amount and financial situation. Looking for feedback as soon as the application has been processed.

Terms for fund

Read the terms of the fund from BI before applying.

Activity budget

Use this budget template for your budget.

Guidelines

Read the fund’s guidelines before applying.

Frequently Asked Questions

We have the answers to all your questions.

Who can apply for funding

The fund is available for all entities in BISO, which means:

Projects
Line Associations
Committees
Staff Functions
Campus Management
Operations unit
HR
Control Committee

Companies and Sister Organizations:

BISO Kroa AS
Studconsult AS
BI Athletics

Others who may apply:

Students or student groups who are enrolled at the BI School of Business
BI alumni students or groups
Organizations connected to BI students

What information must be present in the application?

General content in the application that each applicant must include in their application:

Brief introduction about the unit or group applying (form entry)
Purpose of the project/activity the applicant is applying for (form entry)
Detailed description of the project/activity the applicant is applying for (form entry)
Target audience for the project/activity (form entry)
Number of participants in the project or activity (form entry)
Detailed activity budget for the project/activity (Budget attachment to the application)
Overview of other support/funding/grants provided for the activity/project (Budget attachment to the application)

When should I apply for funding?

The application form is open year-round!

To ensure faster processing of applications, it is important to apply well in advance of the BISO board meetings.

The meetings will take place on these dates (fall 2022):

Board Meeting 5 – 08/23/2022
Board Meeting 6 – 10/04/2022
Board Meeting 7 – 11/08/2022
Board Meeting 8 – 12/06/2022

The board approves applications continuously.

What happens after I have submitted my application?

The application is processed by the Finance Committee at BISO, which will provide feedback and tips for your application.

The Finance Committee evaluates the application; if the application has many deficiencies, the committee will advise the applicant by asking questions and giving tips according to current guidelines.

The Finance Committee recommends whether the application is approved or not and sends the recommendation to the BISO board, which will assess the application and approve or deny it. The applicant will be contacted with the outcome.

Who should I contact for mor information about the process

You can email manager.finance@biso.no or contact the chairman at board@biso.no.

What are reasons for rejection?

Reasons for rejection of an application may include:

The application lacks necessary attachments
The applicant has not used previously granted funds for the purpose they were awarded
The purpose of the application contradicts the fund’s objectives
The activity is part of BISO’s regular activities already financed by BISO/BI
Errors in the budget
The applicant is requesting annual budgets for units rather than for a single activity (Annual budgets are financed by BISO and approved at the campus general assembly)
Application for exclusive, closed group activities (only board members or only members of that BISO unit)
Applications for the purchase of alcohol

How specific must the attachments in the application be?

Budget:

The budget should include the requested amount from the BI fund to demonstrate the financial needs for the activity.

The budget for the activity must specify all claimed income (ticket sales, sponsorship/partnership income, and other subsidies) as well as all expenses (e.g., technical costs, rent, marketing, food). Income and expenses should be as precise as possible and presented in a visually clear and understandable manner (Use the template further up on this page).

For BISO units:

Budget for this activity with the same requirements for detail as mentioned above.
Annual budget with the current status of accounts should be presented.

What attachments should I attach to the application?

In addition to completing the application form, the units in BISO, student groups, or others must submit:

Application text in .pdf (If the form is too short for the application text)
Action plan/communication plan (for applications > 1 million NOK)
Activity budget
Report on fund usage (If the applicant has previously received funding)

Can I update information in my application?

Yes, you can. If there is a need to update or complete the application after it has already been submitted, the new documents can be sent to manager.finance@biso.no.

Can organizations with BI alumni or non-BI students apply?

Yes, as long as the activity relates to current students and benefits BI students. Funds can be granted to organizations, alumni networks, regular students, or student groups that aim to create and promote social, academic, or study-related initiatives.

The number of BI students impacted by this activity may affect the amount granted.

Can the funds be paid into a private account?

No, funds will be “transferred” to the BISO unit by adjusting the income for that unit’s department in our accounting system.

Non-registered (Non-BISO) groups will need to provide a detailed description of the payment so they can prove that the funds were used as intended.

For non-registered groups, we will consider whether BISO should cover the income/expenses related to the activity or if it is appropriate for an individual to be responsible and receive the funds.

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