05 November 2008
Minutes

All in attendance except Michael Steinberg.
The Senate arrived late.

ECOM members? (Matt Shapanka)
Group registration? (Matt)
New re-recognition process? (Duncan Pickard)
Subgroups
	No group has incentive to become a subgroup
	No group has incentive to accept a subgroup
	Create a subgroup fund?
	Incentive necessary? (Lindsay)
	Adding a subgroup will never hurt a group.
Cap number of groups?
De-Recognition and online database (Scott Silverman)
	
Tufts Angels
	The leader of the group introduced himself.
		Explained why they cannot be a subgroup of YET.
	How would businesses be funded? (Oriane)
		Set up fundraisers, a la Jumbo Drop.
		Should have a business plan.
	Experience required? (Oriane)
		Not necessarily.
		Interviews required.
	Where will money go if it is raised? (JP)
		Set up an LLC?
	Flow of money? How will money be used? (Veda, Lindsay)
	Actual plan? Fundraising? What would you be doing? (JP)
	Would there be enough interest? (JP)
	What sort of businesses? (Lindsay)
	How solid do businesses have to be? (Veda)
	Why do they need recognition? (Veda)

Deliberations
	Demand?
	What sorts of groups will he serve? Experienced? Unexperienced?
	
Briane motioned to table pending changes in mission statement, consider subgrouping under YET.
	Beth seconded. Passed 5-0-1.

Motion to close meeting.