Phil DiStefano
Phil DiStefano (University of Colorado)
CU's Strategic Advisory Council

Norman L. Augustine, former Lockheed Martin president and assistant secretary of the Army

Pamela A. Drew, president of Exelis Information Systems

Brad Feld, entrepreneur and co-founder of the Foundry Group, a venture capital firm

Allison M. Keller, executive director of the W.M. Keck Foundation, a private charitable foundation

Denise M. O'Leary, a private venture capital investor and corporate director

William N. Reinert, national manager of advanced technology for Toyota Motor Sales, USA

Todd Rulon-Miller, founding partner of Apogee Venture Group, an early-stage venture investment and consulting firm

Mark Sirangelo, vice president of Sierra Nevada Corp.

Robert D. Strain, president of Ball Aerospace & Technologies Corp.

Phillip A. Washington, Regional Transportation District general manager

Earl Wright, CEO of AMG National Trust Bank

University of Colorado Chancellor Phil DiStefano has tapped 11 members of the public -- including local entrepreneur Brad Feld and former Lockheed Martin president Norman Augustine -- for a council that will explore new funding streams for the school.

The members of DiStefano's "Strategic Advisory Council" will begin meeting this summer and are also tasked with finding innovations for how the university could better serve students, find new research collaborations and ways CU can be more efficient.

"They are innovators in their fields, and to use a baseball analogy, as this season gets under way, they hit for a high average," DiStefano said.

DiStefano held a town hall-style meeting on the Boulder campus Thursday afternoon to update employees and students on some of the financial goals he outlined during his state of the campus address in the fall.

State funding for the Boulder campus is less than 5 percent, DiStefano said. Analyses show the university could run out of state funding by 2023.

Also during the address, DiStefano said that last year, the campus research portfolio was about $360 million from federal and state sources, and only $20 million from industry.

DiStefano said the campus has a goal to generate $100 million from industry contracts, which is more on par with peer research universities. He's created a new "Industry Initiative" team to help with that goal.

That team includes Patricia Rankin, associate vice chancellor for research at CU, as well as representatives of CU's Laboratory for Atmospheric and Space Physics, the Office of Contracts and Grants, the Comptroller and the Office of Technology Transfer.

"I have tasked the Industry Initiative team with simplifying the process of connecting industry with our intellectual capital," DiStefano said. "This includes testing products on CU equipment, engaging campus technical staff and making use of CU's expertise. This will partner the university with industry more readily, build research and benefit industry, the economy and the campus."

During a question-and-answer session, Lesley Smith, who serves on the Boulder Valley School District's Board of Education, posed a question about how CU will recruit and support undocumented students who will receive in-state tuition because of newly passed legislation.

Once signed by the governor, Senate Bill 33 will allow students who graduate from high school and have attended a Colorado school for at least three years to be eligible for in-state tuition regardless of immigration status. Smith said many of those students will not only be first-generation college students, but may have parents who haven't finished high school.

DiStefano said the university is "very committed" to serving those students.

He discussed diversity programs on the campus including CU's Leadership, Excellence, Achievement and Diversity Alliance, known as CU-LEAD. The program enrolls students in "academic neighborhoods" and offers small classes, research experiences, close work with professors, mentoring, tutoring and scholarships.

Contact Camera Staff Writer Brittany Anas at 303-473-1132 or