Changes

The money pool for this year is defined. This means that each working group knows how much money is available this year. With this approach the head of money can still control how much money is used for working groups in general. It shows transparency for the complete university.

Now after everyone knows how much money is available, each working group prepares a pitch deck like a start up pitch, where each team presents what they want to do with their money. The jury consists of each participating team itself, that means students, and not the administration itself. Each team must rate each other team how much of the money, they applied, should be granted. In the end the mean value is used. One important aspect behind it is, if your team values good teams bad, there is a negative feedback such that your working group gets less money.