A meeting with the Rector of University of Kragujevac, Prof. Dr. Nebojsa Arsenijevic, was held on 11 March 2017 with the aim to present the progress of the project activities and results produced in the first year of the project implementation. The main focus of the meeting was to define the priority area for the University of Kragujevac in terms of improvement of its legal framework for development of third mission and its dimensions. As the result of the meeting, priorities were defined and an internal team was formed to work on agreed procedures. For the following period, the UKG team will work on the bylaw on IPR and develop accompanying annexes, as well as the Development strategy of the University of Kragujevac.