Colorado Institute of Technology and Colorado Commission on Higher Education Issue Call for Proposals in Research and Education.

Business Editors/Education Writers/High-Tech Writers

DENVER--(BUSINESS WIRE)--Sept. 30, 2003

Proposals Encouraged to Support Technology Workforce Development

and Diversity, Research and Technology Transfer

The Colorado Institute of Technology (CIT) and The Colorado Commission on Higher Education (CCHE) today issued a Request for Proposals in Research and Education.

This is the first RFP to which Colorado for-profit institutions, as well as non-profit and not-for-profit institutions, can respond, because of the inclusion of Technology Advancement Group (TAG) monies made available through collaboration with CCHE.

"I look forward to broad representation of Colorado's institutions statewide in the response to this call for proposals.

"In order for Colorado to rise to its potential as the leader of the next wave of technology hubs, we must support the educational, research and technology transfer programs we are encouraging with this call for proposals."

-- CIT President and Chief Executive Officer Dr. Margaret Cozzens

WHAT:   CIT/CCHE Call for Proposals in Research and Education
        --  Accepted proposals funded by CCHE -- Technology
            Advancement Group monies and CIT
        --  Proposals for up to $300,000 accepted

WHEN:   --  Proposals are due either October 31, 2003, or April 23,
            2004
        --  Letters of intent are due October 3, 2003, and April 1,
            2004, respectively
        --  Proposals that are selected will be presented to the CIT
            Board at the December 2003 or June 2004 Board meetings

WHO:    Education and research institutions in Colorado, as follows:
        --  Only non-profit and not-for-profit institutions are
            eligible to receive CIT funds
        --  The above restriction does not apply to CCHE-TAG funds, so
            for-profit institutions may apply for funding under this
            Call for Proposals

WHY:    A primary goal of the CIT is to ensure the availability of a
        highly qualified workforce for the state's industries which
        are focused on technology or utilize technology. CIT's second
        goal is to establish Colorado as a center for innovation and
        development of new knowledge in technology applications,
        processes, products and services.

        The Colorado Commission on Higher Education's Technology
        Advancement Group (TAG) goals are similar: to establish
        Colorado as the acknowledged world leader in selected
        technologies so as to be the preference for conduct of
        education, research, product development, and manufacturing in
        these technologies, and to bring together resources from
        business, higher education and the state to produce a local
        technology workforce in line with industry requirements.

        Given the consistency of the CIT and TAG goals, CIT has been
        charged to administer the monies in the state's Advance
        Technology Fund for the Colorado Commission on Higher
        Education (CCHE). CIT will match these monies one-for-one
        through this solicitation.

RFP
DETAILS:    http://www.coloradoit.org/edu/proposals/Sept12_03.asp

QUESTIONS
TO:         Amber Johnson at:
            720-567-4006 or e-mail [e-mail].

About the Colorado Institute of Technology

Colorado Institute of Technology is a partnering of industry and academia, initiated by Governor Bill Owens, to define their needs and align their collective resources to meet these needs. CIT is working to ensure the availability of a highly qualified workforce for the state's industries which are focused on technology or utilize technology, and to establish Colorado as a center of innovation and development of new knowledge in technology applications, processes, products and services. CIT is committed to achieving recognition for Colorado as a nationwide technology leader. CIT is financed entirely by private contributions from companies including EDS, Hitachi Data Systems, Level(3) Communications, Oracle Corporation, Qwest Communications and Sun Microsystems.