MISSION:
To increase research and development for the betterment of South Dakota; to serve as the state technology transfer and innovation office by finding, protecting, and marketing ideas generated from universities and businesses; to serve as a single point of contact and liaison for businesses seeking university research, and researchers needing business help; to coordinate the implementation of an unified intellectual property policy for work done at universities; to aid in the development of new research-related businesses and to coordinate additional public and private resources available to help such businesses; and to manage state, federal and private funds entrusted to this office for the purposes of promoting the development of new ideas and new businesses.

	ACTUAL FY 2004	ACTUAL FY 2005	BUDGETED FY 2006	REQUESTED FY 2007	GOVERNOR'S RECOMMENDED FY 2007	RECOMMENDED INC/(DEC) FY 2007
FUNDING SOURCE:
General Funds	$0	$3,416,313	$3,527,060	$3,819,060	$4,811,772	$1,284,712
Federal Funds	0	0	0	0	0	0
Other Funds	0	0	0	0	0	0
Total	$0	$3,416,313	$3,527,060	$3,819,060	$4,811,772	$1,284,712
EXPENDITURE DETAIL:
Personal Services	$0	$30,571	$141,318	$141,318	$146,030	$4,712
Operating Expenses	0	3,385,742	3,385,742	3,677,742	4,665,742	1,280,000
Total	$0	$3,416,313	$3,527,060	$3,819,060	$4,811,772	$1,284,712
Staffing Level FTE:	0.0	0.3	2.0	2.0	2.0	0.0

	ACTUAL FY 2004	ACTUAL FY 2005	ESTIMATED FY 2006	ESTIMATED FY 2007
REVENUES:
Total	$0	$0	$0	$0
PERFORMANCE INDICATORS:
University Invention Disclosures Reviewed		3	20	30
IP Licensing Agreements Facilitated			3	6
University Spin-Offs Facilitated		2	3	5
University/Industry Research Collaborations
Facilitated		5	15	20
Venture Capital/Angel Investor and
Entrepreneur Introductions		3	10	15
External Grant Funding Applications Facilitated		1	10	12
External Grant Dollars Requested			$20,000,000	$25,000,000
External Grant Dollars Obtained			$10,000,000	$10,000,000

generated 11/29/05 12:40:40 PM