|
GOVERNOR'S RECOMMENDED FY 2012 BUDGET |
MISSION:
To increase research, development and commercialization for the betterment of South Dakota; provide staff support for the Research and Commercialization Council and coordinate implementation and evaluation of the Council's investments in the state's research and commercialization infrastructure; manage state, federal, including EPSCoR, and private funds entrusted to this office for the purpose of promoting the development of the state's research infrastructure and knowledge-based economic development through commercialization of innovations, business start-ups, business expansion and attraction of new knowledge-based businesses; and work with private sector partners and organizations to leverage state and federal investments in the South Dakota research and commercialization infrastructure.
ACTUAL
FY 2009ACTUAL
FY 2010BUDGETED
FY 2011REQUESTED
FY 2012GOVERNOR'S RECOMMENDED
FY 2012RECOMMENDED INC/(DEC)
FY 2012
FUNDING SOURCE:
General Funds
$4,042,322
$4,042,320
$4,042,579
$3,602,321
$3,602,321
($440,258)
Federal Funds
0
0
0
0
0
0
Other Funds
0
0
0
0
0
0
Total
$4,042,322
$4,042,320
$4,042,579
$3,602,321
$3,602,321
($440,258)
EXPENDITURE DETAIL:
Personal Services
$156,580
$156,578
$156,837
$156,837
$156,837
$0
Operating Expenses
3,885,742
3,885,742
3,885,742
3,445,484
3,445,484
(440,258)
Total
$4,042,322
$4,042,320
$4,042,579
$3,602,321
$3,602,321
($440,258)
Staffing Level FTE:
2.0
2.0
2.0
2.0
2.0
0.0
| ACTUAL FY 2009 |
ACTUAL FY 2010 |
ESTIMATED FY 2011 |
ESTIMATED FY 2012 |
|
| REVENUES: | ||||
| Total |
$0 |
$0 |
$0 |
$0 |
| PERFORMANCE INDICATORS: | ||||
| Private Sector Dollars Invested in Research | $3.4M | $18.6M | $10.0M | $12.0M |
| Infrastructure | ||||
| Federal Dollars Invested in Research | $646,437 | $10.0M | $8.0M | $9.0M |
| Infrastructure | ||||
| Private Sector Dollars Invested in Technolgy | $3.2M | $3.5M | $5.0M | $7.0M |
| Based Businesses | ||||
| Jobs (Defined NAICS Code)* | 2,927 | 2,750 | 2,850 | 2,950 |
| Average Salary - Calendar Year | $61,336 | $58,749 | $60,749 | $62,749 |
| University Spin-Offs Facilitated | 2 | 3 | 4 | 5 |
| University/Industry Research Collaborations | 15 | 20 | 25 | 30 |
| Venture Capital/Angel Investor and | 24 | 28 | 35 | 40 |
| Entrepreneur Introductions | ||||
| External Grant Funding Applications Facilitated | 2 | 8 | 8 | 8 |
| *2009 is latest actual data available | ||||