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Corporate Membership Options
A survey of desired membership options was conducted resulting in the following
offerings for Industrial Advisory Board participation:
Costs |
Benefits |
| Category I: FULL MEMBERSHIP Full Member/Project Sponsor
- $10,000 Annual Fee. Two-year minimum plus sponsorship of a center project (min.
$40,000/yr., 50% of current overhead subsidized).
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- Keep abreast of state-of-the-art developments via semi-annual briefings of
center-conducted research
- Participate in selection of center research projects among faculty proposals; suggest
your own broad research thrusts
- Receive copies of all publications and unpublished reports on center-funded research
- Receive price discount on any center-developed computer software
o Preferential Intellectual Property Rights:
Exclusive license on sponsored project with no lump sum payments (royalty rate to be
agreed upon)
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Costs |
Benefits |
| Category I: FULL MEMBERSHIP Full Member/Non Project
Sponsor
· $30,000 Annual Fee. Three year minimum |
- Benefits same as above, except o.
- Preferential Intellectual Property Rights:
First option for license, dollar-for-dollar credit of annual fee against amount to be
paid under license agreement.
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Costs |
Benefits |
Category II: Associate Member
Sliding scale annual fee based on sales:
Less than $25 million = $3,000 per year
$25 million to $50 million = $5,000 per year
$50 million to $75 million = $7,500 per year
More than $75 million = $10,000 per year
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- Can attend semi-annual briefings
(Cannot vote in project selection or suggest research thrusts; no preference as to
Intellectual Property Rights.)
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