How will the ownership of the consortium be divided amongst its members?
This is a matter for the members to decide for themselves. Aside from equity participation in the AIIC, what is the profit-motive for a for-profit organization, if any, to expend resources to participate as a member of the AIIC, if funds allocated to the AIIC cannot be channeled to fund the for-profit’s subsidiary operations, and may even be funding its competitors? The AIIC will decide for itself where to channel its funds. The AIIC will be a business established to provide services to start-ups and other businesses. One of those services may be to provide advice and help in seeking investment funding for its start-ups and clients. The AIIC should seek to establish long-term profitable relationships with its clients providing services and capacities that they do not have in-house. The guidance requests that the consortium members need to be comprised of a University and a research institution, however all universities are research institutions. What role would a research institution f
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- Is there a minimum number of members that can make up a Consortium bid and is there any reason why it would be looked on unfavourably if a Consortium only had 2 members?
- What is the relationship between the Consortium and its members - do the members have a say in its directions, plans and operation? How?
- Do each of the U.S. consortium members have to cost share the suggested 25% minimum or the same amount?