11. Milestones

The following are indicative milestones at 18, 36 and 54 months for IPCRES.

18 Months

• First two IPCRES Laboratories established

• IPCRES Economic Development Office established

• IPCRES marketing and awareness efforts well established as Indiana University is recognized as a growing resource to information industries in Central Indiana

• First formal working relationships and memoranda of agreement between IPCRES and industry in force and effect

• IPCRES Distinguished Research and Economic Development Advisory Board is established and meeting with IPCRES regularly

• Local and state government links to IPCRES secured; cooperative and strategic relationships with local and regional economic development organizations established

• IPCRES and ARTI seminars developed and occurring regularly for research scientists, inventors, students, stakeholders and others

• At least one IPCRES Laboratory obtains 21st Century Research and Technology fund support

• ARTI IPCRES information technology transfer officer fully engaged with University and private sector interests

• School of Informatics has 90 graduate students and over 400 undergraduates

• First students from School of Informatics involved in IPCRES research activities

• Eight or more IPCRES researchers with School of Informatics appointments

36 Months

• Three to four IPCRES Laboratories are established

• IPCRES begins to obtain significant external funding from government and industry

• School of Informatics directly engaged with private sector partners

• First licensing opportunities and new company start-ups emerging

• IPCRES economic development staff in conjunction with ARTI establishing a growing number of collaborative arrangements with industry partners, fostering licensing agreements and new company start-ups

• ARTI IPCRES Capital Seed Funds begin to be deployed and leveraged with private sector and other public resources

• IPCRES attracts additional funding from the 21st Century Research and Technology Fund (should it continue) as well as other public and private funding to assist the initiative

• Modest improvement in the State's ability to attract and retain technology professionals over 1999 figures

• School of Informatics has over 120 graduate students and over 900 undergraduates

• School of Informatics awards its first degrees to graduate students and undergraduate transfer students

• Students from School of Informatics involved in IPCRES research activities in association with theses and other advanced projects

• 16 or more IPCRES researchers with School of Informatics appointments

54 Months

• All six IPCRES Laboratories operating

• IPCRES influencing State economic development policy and funding for investment in information technology

• Continuing growth in number of information technology companies and technology workers in Indiana

• State retaining highest percentage of technology graduates in last five years

• The number of relationships and memoranda of agreement between IPCRES and industry continues to increase

• The Indianapolis region begins to be nationally recognized as a significant emerging technology region

• ARTI IPCRES Capital Seed Fund fosters increase in availability of private sector capital to assist technology start-ups

• School of Informatics has over 160 graduate students and over 1400 undergraduates

10. The Organization and Management of IPCRES | Table of contents | Attachment 1: Biographies