Definitions

(a) Student-run Business on campus (“SRB”): Any activity conducted by a UD student or group of UD students, both for-profit and non-profit, that exists (presently or in the future) to generate a margin in excess of costs through the creation of value. This policy does not apply to activities students undertake for current academic credit, Flyer Enterprises, or to activities wholly between members of a student organization organized under the Center for Student Involvement (Kennedy Union), which are governed under separate policies, including those found in the Student Organization Resource Guide.

(b) Start-up Phase: An SRB that exists for the first 30 days after start of operations, or until achieving $5000 in gross revenues.

(c) Established Phase: An SRB that has been formally approved by the University after filing the Intent to Continue Student Business Form (Appendix B).

(d) Designated Areas: Areas on campus where SRBs may sell their products or services, as defined and administered by Flyer Enterprises.