UTC has opened it annual grant application - earlier than ussual this year, along with a surprising message.
In their release they announce significant reduction in the amount of sponsorship - e.g. for an established team (>4 years old) they will get $3K instead of $4K this year and next year that number will reduce to 1k. Moreover, they will no longer provide additional grant if you advance to District Champs or World Champs.
In 2018 if you made all a team would receive a generous $14,000 - paying for all registration costs.
In 2019 this was reduced to $8500
in 2020 it will cap out at $3K, and in 2021 it will only be $1K.
UTC has been a very generous sponsor for many years and has been critical to many teams - particulalrly in the CT area. While many of these teams have additional sponsors, this change will put significant challenges to many teams.
UTC has recently taken on a lot of debt with the absorption of Rockwell Collins, and their CEO is a former CFO.