The Board of Directors shall have the following tasks:
It shall issue the Organisational Regulation.
Based on the proposal from the Innovation Council, it shall adopt the multiannual programme under Article 45 RIPA1.
It shall ensure implementation of the Federal Council’s strategic objectives and reports annually to the Federal Council on the state of progress towards achievement of these objectives.
It shall issue a regulation on acceptance and management of third-party funds.
It shall issue a funding ordinance in accordance with Article 23 and shall submit this regulation for Federal Council approval.
It shall issue a personnel ordinance and submit this ordinance for Federal Council approval.
It shall represent Innosuisse as a contracting party within the meaning of Article 32d paragraph 2 of the Federal Act of 24 March 20002on the Personnel of the Swiss Confederation (FPA).
It shall decide on the issuance, amendment and termination of the CEO’s employment contract; it shall first seek Federal Council approval when deciding to initiate or terminate employment.
It shall decide, at the request of the CEO, on the issuance, amendment and termination of the employment contract of the other members of the Executive Committee.
It shall elect:
1. the members of the Innovation Council;
2. at the request of the Innovation Council, the experts referred to in Article 10 paragraph 2 below.
k. It shall adopt and submit for Federal Council approval an ordinance on the fees and other contractual conditions for members of the Innovation Council and on the remuneration of experts referred to in Article 10 paragraph 2 below.
l. It shall supervise the Innovation Council and the Executive Committee.
m. It shall establish an internal control system and risk management system suited to the needs of Innosuisse.
n. It shall approve the budget.
o. It shall prepare and approve an annual report for each financial year and submit the revised annual report for Federal Council approval; at the same time, it submits a request to the Federal Council for discharge and the allocation of any profits. It shall publish the annual report after approval.
p. It shall apply to the Federal Council for compensation under Article 15.
q. It shall establish the conditions of Innosuisse communication in the Organisational Regulation.
It may establish a compliance office to assist it in its supervisory role.