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Unread 21-08-2015, 15:40
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Karthik Karthik is offline
VEX Robotics GDC Chairman
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Re: PNW introducing new funding model

Quote:
Originally Posted by Steven Donow View Post
The net change of total expenditure is 0 (except I'm unsure as to what the $256,000 'program fee' to FIRST is), but the cost to teams is (theoretically) less.
Quote:
Originally Posted by Madison View Post
As I understand it, the program fee is a payment to FIRST that, effectively, covers losses to FIRST because money from teams is going directly to the district governing body rather than to HQ. It's not unlike a licensing fee.
It's probably not a coincidence that the $256,000 program fee to FIRST is equal to 64*4000, which is the number of teams that compete at the PNW Championship times the event registration fee.
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:: Karthik Kanagasabapathy ::
"Enthusiasm is one of the most powerful engines of success. When you do a thing, do it with all your might. Put your whole soul into it. Stamp it with your own personality. Be active, be energetic, be enthusiastic and faithful and you will accomplish your object. Nothing great was ever achieved without enthusiasm" -- R.W. Emerson
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Full disclosure: I work for IFI and VEX Robotics, and am the Chairman of the VEX Robotics and VEX IQ Game Design Committees
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