BOULDER, Colo.—University of Colorado Chancellor Phil DiStefano has created an 11-member panel to explore new funding sources for the university.
DiStefano said the members of his “Strategic Advisory Council” are “innovators in their fields, and to use a baseball analogy, as this season gets under way, they hit for a high average.” The panel starts meeting this summer, he told a meeting on the Boulder campus Thursday.
State funding for the Boulder campus is less than 5 percent, DiStefano said. Analyses show the university could run out of state funding by 2023, the Boulder Daily Camera reported Friday ( ).
DiStefano said that last year, CU-Boulder’s campus research portfolio totaled about $360 million from federal and state sources, and only $20 million from industry. The university’s goal is to generate $100 million from industry contracts, which is more on par with peer research universities, he said.
“I have tasked the Industry Initiative team with simplifying the process of connecting industry with our intellectual capital,” DiStefano said. “This includes testing products on CU equipment, engaging campus technical staff and making use of CU’s expertise.”
Advisory council members include Norman L. Augustine, former Lockheed Martin president and assistant Army secretary; Pamela A. Drew, president of Exelis Information Systems; Brad Feld, co-founder of Foundry Group, a venture capital firm; Allison M. Keller, executive director of the W.M. Keck Foundation; Denise M. O’Leary, venture capital investor; William N. Reinert, national manager of advanced technology for Toyota Motor Sales, USA; Todd Rulon-Miller, founding partner of Apogee Venture Group; Mark Sirangelo, vice president of Sierra Nevada Corp.; Robert D. Strain, president of Ball Aerospace & Technologies Corp.; Phillip A. Washington, Regional Transportation District general manager; and Earl Wright, CEO of AMG National Trust Bank.
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Information from: Daily Camera,
