A cost analysis of operating a large integrated circuit laboratory at Rochester Institute of Technology

Rochester Institute of Technology (RIT) has been operating a large integrated circuit laboratory for over four years. Approximately $750000 per year is donated equipment and supplies from industry, leaving a cost of $315000 per year for operating this facility. Approximately $100000 per year is available from RIT funds the remaining $215000 is raised by an industrial associates program. Twenty one companies each donate $10000 per year for these operating expenses. These companies include some of the affiliate companies who are beyond the first three-year commitment as well as other companies interested in supporting the microelectronic engineering program at RIT