Korea-US Science Cooperation Center Next Generation of Science Cooperation October 2008 Contents •Support of S&T Meetings •Scholarship •R&D Policies KUSCO •Center •Location •Organization Page 2 Overview What / Who / Where we are How much do you know about KUSCO? •Enhancing cooperative efforts in S & T between Korea and the U.S. •Supporting KoreanAmerican scientists in the U.S. •Washington DC metropolitan area •US Federal, S&T Institutions •World diplomatic society Page 3 •Virginia State Law •Non-Profit Organization by IRS •Three-story bldg. 42,529 sf. •Conference room for 100 audiences •Parking lot for 155 cars History How we are established Registered as the Virginia SCC as a coprporation Nov. 9 1995 Aug. 28 1996 The current building property is purchased at 5Million US dollars Page 4 - NSF/KOSEF Symposium The Korea-US Science Cooperation Center is opened. Feb. 20 1997 - US-Korea S&T Conference(UKC) Aug. 11 1997 IRS approved KUSCO as a nonprofit organization 2000 ~ Organization Board of Directors Dr. Dewey D.Y. Ryu Dr. Vaughan C. Turekian Dr. Nicholas Vonortas Dr. Kang-Wook Lee Professor CIO & Director Director Senior Research Staff •Department of Chemical Engineering and material science •University of California Davis • Office of International Initiatives •American Association for the Advancement of Science (AAAS) • Centre for International Science and Technology Policy (CISTP) •George Washington University •Electronic and Optical Packaging S&T •IBM TJ Watson Materials Engineering Research Centre Dr. K. Wayne Lee Dr. Tschangho J. Kim Dr. Kichoon Yang TBD Professor Professor Provost and Professor • Department of Civil & Environmental Engineering •University of Rhode Island • Department of Urban and Regional Planning •University of Illinois at Urbana-Champaign • College of Natural Sciences •Northwest Missouri Sate University Page 5 Organization Executive Committee Dr. Sung Won Lee (Chairman) Dr. Paul Kang Dr. Vaughan C. Turekian Dr. Nicholas Vonortas Professor Executive Director CIO & Director Director •Department of Aerospace Engineering •University of Maryland • Former Program Manager •US Federal Aviation Administration • Office of International Initiatives •American Association for the Advancement of Science (AAAS) • Centre for International Science and Technology Policy (CISTP) •George Washington University Dr. Kang-Wook Lee Dr. K. Wayne Lee Dr. Esther K. Yang Dr. Gye Won Han Senior Research Staff Professor Senior R&D Director Scientific Associate •Electronic and Optical Packaging S&T •IBM TJ Watson Materials Engineering Research Centre • Department of Civil & Environmental Engineering •University of Rhode Island • Physical Chemistry •Abbot Labs, Inc. •Joint Centre for Structural Genomics •The Scripps Research Institutes Page 6 New Website The Front Page 7 New Website Programs Page 8 Program Overview Scientists&Engineers / Young Generation / R&D information Scientists & Engineers Holding of S&T Meetings US-Korea joint meetings / KSEA chapter meetings Participation in S&T Meetings Int’l participation / Domestic participation Young Generation KUSCO / KSEA Scholarship Korea Summer Institue (KSI) National Math & Science Competition Research & Development R&D news and trends S&T Policies Page 9 Programs Holding of S&T Meetings S&T Meetings KUSCO supports holding of various S&T meetings such as conference, forum, symposium, seminar, and workshop. U.S.-Korea Joint Meetings - S&T meetings to enhance S&T development of both Korea and the US - S&T-related organizations or associations in the U.S. - 20% or more of participation by scientists without Korean heritage. KSEA Chapter Meetings - Local chapters of the KSEA for developing and maintaining the regional S&T networks among Korean-American scientists and engineers - Young generation program of workshop or seminar - Up to $3,000 for the proposed meeting to match the cash amount provided by the KSEA Headquarter Page 10 Programs Participation in S&T Meetings S&T Meetings KUSCO supports domestic or international travel expenses to participate in various S&T meetings such as conference, forum, symposium, seminar, and workshop which are jointly organized by both Korean and American organizations and held in Korea or the United States. The program is open to Korean-American and American scientists and engineers residing in the United States who have been accepted to make a presentation (plenary address, technical or tutorial talk, etc.) at such meetings. Page 11 Programs KUSCO/KSEA Scholarship Scholarship Scholarship - Outstanding graduate students who have demonstrated excellent talents in the fields of science and engineering - Identify and nurture potential leaders of scientific community for closer cooperation between Korea and the US in the future - KUSCO operates this program in cooperation with the KSEA Korea Summer Institute (KSI) - NSF’s EAPSI program that provides US graduate students with research experience in Korea during summer vacation - collaborating with Korean counterparts in the future National Math & Science Competition - Korean-American student to nationally compete their mathematics and science capability Page 12 Programs R&D Information Information and Trends R&D News and Trends - Disseminating news and trends of R&D in the United States to Korean scientific community in a timely manner - National and State R&D policies, R&D support programs, research trends and achievements, science education and scientific publications, S&E workforce policies, and international collaboration S&T Policies - Teams consisting of experts in policy-making areas determined by issues, trends, and developments in the fields of S&T Page 13 Performance Annual Summaries Description ’97 – ‘04 ‘05 ‘06 ‘07 ‘08 Total (U$) 805,336 (25) 132,194 (10) 178,250 (11) 158,328 (17) 147,055 (12) 1,421,163 (75 cases) 42,000 (42) 15,000 (14) 27,848 (15) 39,623 (17) 35,850 (17) 160,321 (105 cases) S&T activities 175,000 (9) 20,000 (1) 3,000 (1) 35,000 (2) 44,200 (2) 277,200 (15 cases) R&D support 110,000 (3) 5,720 (1) 3,185 (1) 30,595 (2) 149,500 (7 cases) 214,818 236,136 257,700 2,008,184 Meetings Scholarship Total Page 14 1,132,336 - 167,194 Fundamental Issues on KUSCO activities Rental is the only income source of KUSCO Operation 1. Total of USD800,000 ~ FY2007 2. KUSCO is to face a fundametal budget Issue for the future operation and prospect Operation Expense of USD500,000 Program Budget of USD300,000 3. 4. The KUSCO operation depends 100% on the rental income Office vacancy increased due to the unfavorable enconomy 15 2008 total rental meets 67% FY2009 Estimated Budget USD 100,000 KUSCO COMPLEX – Value Transformation EVOLUTION just has begun ! Page 16 Value Funnels – Three Maturity Steps Secretariat - Information - Knowledge - Personnels Mediator - Consulting - Coordination - Education Complex Overall S&T Program Management New S&T HUB The KUSCO complex will play the PMO for the S&T policy, Research and Education between US and Korea Value Components Program, Project Planning and Management Consulting , Business Modelling, Finance Analysis, Technology Transfer. Thank you KOCSEA!! www.kusco.org (703) 893-9772 mail@kusco.org Page 19