V.5.1 The ESIP Federation shall include a Standing Committee for Commercial Development. Its purpose is to foster commercial development of Earth science information. Its roles are:
- a. To explore mutually beneficial activities with commercial providers of Earth science data, products, and services;
- b. To provide ESIP partners with resources that will facilitate the development of commercially valuable products;
- c. To develop organizational models and practices that will bridge between individual ESIP partner institutions, in order to facilitate the transfer of technology into the commercial for-profit sector;
- d. To encourage and stimulate the development of the commercial activities of its partners and to encourage and stimulate the broader environmental informational economy.
The Chair of Commercial Development Committee (ComDev) serves on the ESIP Federation Executive Committee. In addition, the Chair calls committee meetings at regular intervals to conduct committee business. The Chair of ComDev does not have to be a Voting Representative to the ESIP Federation Assembly. The chair of ComDev typically spends 1-2 hours/month on committee business.