ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.
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Transcript of ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.
![Page 1: ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f1d5503460f94c343b9/html5/thumbnails/1.jpg)
ORCID Financial Sustainability
ORCID Outreach Meeting
Cambridge MA17 May 2012
![Page 2: ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f1d5503460f94c343b9/html5/thumbnails/2.jpg)
Business Working Group Remit
•…responsible for developing a business plan, including funding options, and membership and affiliate policies for Board approval.
•…will coordinate its work with the TAG and the OWG.
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Business Working Group•Gregg Gordon, SSRN
•Karen Hunter, Elsevier
•Dave Kochalko, Thomson Reuters
•Salvatore Mele, CERN
•Ed Pentz, CrossRef, co-Chair
•Lisa Schiff, California Digital Library
•Diane Geraci, MIT
•Craig Van Dyck, Wiley, co-Chair
![Page 4: ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f1d5503460f94c343b9/html5/thumbnails/4.jpg)
Mellon Report September 2011
•Proposed a business model
•Membership, with different fees for different sorts of organizations
•Universities identified as the largest set of users of the ORCID system
•Needed to market-test the business model
•Ithaka S+R
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Ithaka S+R Report
•Deanna Marcum, Managing Director
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ORCID Business Model
•Simplified membership model
•Only four membership tiers
•Tiers based on membership benefits and need for service level agreements for server uptime and support – discount for non-profits
•Early adopter discount
•Membership fees to start in 2013
•Generate ~$2.5 million/year
![Page 7: ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f1d5503460f94c343b9/html5/thumbnails/7.jpg)
ORCID funding so far….• In kind – staff time; board, working
groups, technical and legal
• Founding Sponsors (early 2011) - $244,000
• Grants: Mellon ($45,000); VIVO ($25,000); NSF ScSIP ($260,000);
• Loans - $1.2 million pledged end of 2011
• Loans cover expenses until membership fees start end of 2012/start of 2013
![Page 8: ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012.](https://reader036.fdocuments.us/reader036/viewer/2022083005/56649f1d5503460f94c343b9/html5/thumbnails/8.jpg)
Going forward
•Board to review proposed business and membership model tomorrow
•Moving from planning and study to implementation
•Key items of work:
•Membership Policies and Agreements
•Launch and roll out plan for Phase 1