This program is open for current WPI students who are passionate about building new products and have an idea for innovative technology.
- All WPI students (undergrad and graduate) are eligible to apply.
- Teams will be given preference (individual applicants will be considered). At least one student in the team must be a Full User in the Makerspace (for 3D Printing related efforts)
- Multi-departmental collaborations will be given preference
- Funds must only be used for tools and materials to build the prototype (not to pay a 3rd party to do your work)
All students participating in the program have to be in good academic standing.
Submit an online application and provide:
- A short description of your project that can be shared publicly
- A description of any team members and their skills
- A description of achievements to date (if any)
- A tentative budget plan showing how you will use funds
- A deadline by which you expect to complete the project (all eligible expenses should be submitted by this date)
The funding that you are given is distributed through reimbursements.
- A reimbursement typically takes 2-3 weeks to process.
- For 3D Printing related efforts, funds may be released through a 3DPrinterOS account balance.
WPI Makerspace MakerBucks operates on a rolling cohort model. Students can apply during any time of the academic year. Once part of the program, participants will be required to:
- Contribute to an article/ brief interview about their project journey that may be featured on the Makerspace forums and social media.
- Attend a showcase at the end of your academic year (optional)
- Take advantage of as many of the resources that we provide as you can
- Submit all eligible expense reports in receipts by the last date of the project as stated in your application
Resources and Networking
Awarded teams/ individuals have access to:
- Workshops: On-demand workshops focused on best practices in prototyping- Design for FDM, Hardware-Software Interfacing, Mentoring sessions, and more.
- Equipment: Teams will be given access to experts across WPI who can provide access to equipment and tools (additional training may be required)
- Continued Funding: Projects may be eligible for continued funding through different programs at the I&E center.
Guidelines for Use of Funds
To help you prepare a budget for your application, please follow these guidelines for permitted use of funds:
- Allowed Expenses (purchases must have been made after the award notification and before the end of the Cohort):
- Makerspace Services including 3D Printing, Laser Cutting materials, PCB boards, and other supplies
- Hardware parts & materials
- Software licenses (if it can’t be obtained for free)
- Other types of expenses (not on the list below) may be considered
Expenses That Are Not Allowed:
- Gifts, alcohol, and items not directly related to the project
- Team dinners, meals, outings
- Tax, including sales tax and franchise taxes
- Personal computers, tablets or smartphones. We can work with you to provide AWS and Google Cloud credits, and they should be requested when computer resources are needed for product development.
- Education courses outside of WPI
- Legal fees
- Coworking space rental. WPI is full of places to meet and work together.
- Uber, Lyft, or other private means of transportation. Teams should use public transportation in the local area.
- Outside Developers and Contractors
- WPI’s Makerspace does not take equity in student projects and companies
- Students and teams do not give up any rights to intellectual property (IP) through participation in the program
- Funding for WPI Makerspace MakerBucks (and other programs) is possible because of the deep commitment of alumni and friends to WPI’s mission such as the Women’s Impact Network
- If you would like to pay-it-forward, consider joining Gompei’s circle. It’s a pledge to remember WPI in the future and support programs like WPI Makerspace MakerBucks Fund.
For additional information, please contact our Makerspace staff at email@example.com