The Fund for the Promotion of Teekkari Operations was established in 2006 as part of the Student Union of the Helsinki University of Technology (TKY). The Fund’s initial capital was donated by the Association for the Promotion of Teekkari Operations (TTEY). The first application round took place in spring 2007, and the next one in the autumn of the same year. Since 2008, it has been possible to apply for grants from the Fund in the application rounds organised three times a year. A lighter application round was tried for the first time in 2010, in which small grants (200 € at most) could be applied for over a month’s period with a freely formatted application that was processed quickly.
In the beginning of 2010, TTE Fund in its entirety became a part of Aalto University Student Union (AYY). Since the beginning of that year, all AYY members as well as associations and communities operating in connection with it have been able to apply for grants from the Fund. The purpose of the Fund is to support the goals of AYY members as well as to generate and maintain active interest in technological, scientific, financial, artistic and societal issues and cultural activities by awarding grants.
On 1 Jan 2010, TKY merged into Aalto University Student Union (AYY) together with the Student Union of the Helsinki School of Economics (KY) and the Student Union of the University of Art and Design Helsinki (TOKYO) at the same time as the three universities merged into Aalto University. TTEY also changed its name in spring 2010. These days, TTEY is known as PTK ry which, in addition to the TTE Fund appointments, deals with granting various Teekkari acknowledgements as well as maintaining and cherishing a number of Teekkari traditions.