INNOVATION FUND-WORKFLOW

INNOVATION PORTAL-PEBBLES




INNOVATION FUND-WORKFLOW



FUNDING

Funding Source

  • Donations
  • Students
  • Faculty
  • Private Corp
  • Public Corp
  • Alumni
  • Univ Grants
  • Non-Profits



GOVERNANCE
  • Governance committee will establish clear criteria's for project selection and manage funding. Governance committee will included select members for Students, faculty, alumni members, corporate.
  • Governance involves decision-making authority and accountability mechanisms within an organization that encourage the best management of Innovation Fund.
  • Governance is concerned with setting directions, establishing standards and principles, and prioritizing investments.
  • Without transparency, there is not trust. Transparency must be built into IT governance so that there is confidence in the processes.

Governance Structure

Strategic Committee
Operational Committee
Technical Group
  1. Strategic IT Governance:Consists of an executive strategy group comprised of the alumni, faculty, startups and corporations officers whose role is strategy and policy, prioritizes initiatives, and aggregates/vets funding issues at the enterprise level.
  2. Operational IT Governance:This group recommends priorities, resource availability, oversees projects, and measures success across different projects.
  3. Technical Group:Consists of a technically mainly student-focused group that develops guidelines and principles for technology standards and practices and do development, testing and validation.