1. ORCID Financial Sustainability ORCID Outreach Meeting Cambridge MA 17 May 2012

2. 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.

3. 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

4. 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

5. Ithaka S+R Report Deanna Marcum, Managing Director

6. 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

7. 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

8. 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