We, the members of The Entrepreneurship Club do hereby establish this Constitution in order that our purpose is realized to its fullest extent.
Article I – Name
The name of the organization is The Entrepreneurship Club otherwise know as the eClub.
Article II – Purpose
The Entrepreneurship Club is established for the expressed purpose of assisting UMD graduate students pursuing careers in either the entrepreneurial sector or venture capital industry. We are also committed to provide education and aid to students creating their own businesses. The Entrepreneurship Club understands and is committed to fulfilling its responsibilities of abiding by University of Maryland, College Park policies.
Article III – Membership
Active membership shall be limited to persons officially connected with the University of Maryland, College Park as faculty, staff or registered students. Students enrolled on a part-time or full-time basis in the fall, spring, or summer semesters are eligible for membership. Active voting membership is limited to actively-registered full-time graduate students in the MBA Program at the Robert H. Smith School of Business.
In addition, the following requirements are necessary to constitute active membership:
- Payment in full of financial obligations as determined by the organization
- The Entrepreneurship Club openly admits students to its membership and does not discriminate on the basis of race, color, creed, nationality, sex or sexual orientation.
- Active participation in most activities sponsored by The Entrepreneurship Club, unless the activity interferes with either scholastic or financial constraints.
Article IV – Officers or Board of Directors
The Entrepreneurship Club will be governed by the following officers or board of directors to be determined by the incoming officers/board members:
- An elected President (or other designated officer) will preside at all meetings of the Entrepreneurship Club. The President will maintain the power to appoint all committee chairpersons shall present all motions to the body present and shall be present at 90% of the meetings of the Entrepreneurship Club.
- The Entrepreneurship Club shall also maintain a Vice President of Finance who will handle all dues, accounts, new members, rule observations at state meetings, protocol, etc.
- The Entrepreneurship Club shall also maintain a Vice President of Marketing and Communications who will be responsible for organizational communications. In addition, the Vice President of Marketing and Communications shall be responsible for the announcement of all Entrepreneurship Club meetings and will distribute all publications to members and affiliated groups.
- The Entrepreneurship Club shall also maintain a Vice President of External Relations who will act as a liaison between the student body and the external relations office. The Vice President of External Relations will be responsible for meeting with external relations and alumni representatives, as well as for coordinating Entrepreneurship Club events and initiatives with the offices of external relations, alumni affairs, part-time students and Entrepreneurship Club alumni.
- If a position listed above remains vacant after elections, the new, existent members serving in the positions above may appoint individuals to fill open positions.
- In cases where it is evident and agreed upon by the four positions noted above that a new officer-level position is required, the officers may create and appoint an individual to serve in this new position.
- The role and duties of the faculty/staff advisor shall include attending meetings, providing counsel to the organization’s officers, etc.
- The executive officers of the organization must be currently registered full-time MBA graduate students. Further, the President will be the MBAA Liaison. All officers will be elected in the 2nd semester.
A board of directors who will decide amongst themselves how to divide tasks (event management chair structure, or corporate officer structure, for instance). A detailed description of the intended club management format must be laid out in the slate’s running pitch which must be distributed to all voting members. Slates of boards of directors can run against each other, or against individual officers running separately. Individuals cannot run as part of a slate and as an individual officer (effectively preventing members from running against themselves). At least two board members must be present at each meeting.
Article V – Operations
1) Voting Eligibility
Those members meeting all requirements of active membership as set for in Article III will be granted voting privileges.
2) Election Process
Individual officers shall be elected by a majority vote of eligible voting members of The Entrepreneurship Club. A board may be elected in the place of individual officers. The board shall run as a slate. Members of the outgoing board/officers’ votes shall count twice. All elections will be held on an annual basis during the month of February, or within the timeframe set by The Entrepreneurship Club. The President will take nominations from the floor, the nomination process must be closed and the movement seconded. The nominated parties will be allowed to vote. All voting shall be done by secret ballot to be collected and tabulated by the President, Faculty Advisor and one voting member of The Entrepreneurship Club appointed by the outgoing President.
Any officer of The Entrepreneurship Club in violation of the Organization’s purpose or constitution may be removed from office by the following process:
a) A written request by at least three members of the Organization;
b) Written notification to the officer of the request, asking the officer to be present at the next meeting and prepared to speak; and,
c) A two-thirds (2/3) majority vote is necessary to remove the officer.
All executive board meetings will occur on a weekly basis or other regular basis at a time selected by The Entrepreneurship Club. All general body meetings will occur monthly and will follow the procedure set forth below.
- Report by the President or Board Member
- Committee reports
- Vote on all committee motions and decisions
- Any other business put forward by the members of the club
- Dismissal by the President
Article VI – Finances
The Entrepreneurship Club will finance the activities it engages in by the following means:
1) Membership dues (appropriate amount set by The Entrepreneurship Club). Dues are not required for voting, active membership.
2) The Entrepreneurship Club will submit a budget to the MBA Association on an annual basis and request funding appropriate to the effective operation of the organization for each year.
Article VII – Amendments
The constitution is binding to all members of The Entrepreneurship Club, but the constitution is not binding unto itself.
1) Amendments to the constitution may be proposed in writing by any voting member of The Entrepreneurship Club at any meeting at which 2/3 of the voting members is present
2) These amendments will be placed on the agenda for the next regular meeting of the executive council or other officer grouping
3) Proposed amendments will become effective following approval of two-thirds (2/3) majority vote of active members.
Article VIII – Registration Renewal
The Entrepreneurship Club will apply to the Office of Campus Programs for registration on an annual basis one month after The Entrepreneurship Club elections.