The Utah Science Technology and Research (USTAR) initiative is a long-term, state-funded investment to strengthen Utah's "knowledge economy” and generate high-paying jobs.
These are the main goals of USTAR’s TOIP (Technology Outreach Innovation Program):
- Broker ideas, new technologies & services to entrepreneurs & businesses
- Engage local entrepreneurs & professors at applied technology centers, colleges & universities by connecting them to Utah’s research universities
- Screen business ideas & new technologies to target those with highest growth potential
- Connect market ideas & technologies in new or existing businesses or industries or in regional colleges & universities with the expertise of Utah’s research universities
- Assist businesses, applied technology centers, colleges & universities in developing commercial applications for their research
- Disseminate & share discoveries & technologies emanating from Utah’s research universities to local entrepreneurs, businesses, applied technology centers, colleges & universities
Click here to visit www.innovationutah.com.
In March 2006, the Utah State Legislature passed Senate Bill 75 creating USTAR. This measure provided funding for strategic investments at the University of Utah and Utah State University to recruit world-class researchers and build state-of-the-art interdisciplinary research and development facilities. Discoveries in the research focus areas will produce new technologies in multi-billion dollar markets. Innovation focus areas include biofuels, biomedical innovation, diagnostic imaging, nanotech biosensors, and personalized medicine among others.
A percentage of the USTAR funding will help support construction of state-of-the-art research facilities at the University of Utah and Utah State University.
Additionally, and of most interest to Southern Utah-based entrepreneurs and businesses, USTAR offers the Technology Outreach Innovation Program (TOIP) to drive technology commercialization activities. Whether your business is a start-up trying to grow from $0 in revenue to $1 million, or an established concern trying to grow from $10 million to $50 million or more, USTAR may be able to help your growth efforts.

