There will be a flat membership fee of £7,500 per annum (reduced to £1,500 per annum for companies defined as small to medium enterprises under current EU-CEC regulations). This fee will be applied to maintaining the infrastructure of the VCIPT and provide leverage to strategic research proposals. Member organisations will only pay a single fee, regardless of the number of research projects they are engaged in through VCIPT.

New member companies will be required to join for a minimum of 3 years. Founder member participants may continue membership on a rolling annual basis.

This fee entitles members to attend all meetings, receive briefing notes, propose research projects and participate in research policy meetings. Where companies request that more than one member of staff attends, a small charge will be made for each additional attendee, but at a level to recoup meeting expenses only (documentation printing costs, daily delegate hospitality rates etc).

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