2011 Annual Report

Page 66

Utah Science Technology and Research Initiative

OVERVIEW Turning innovation into industry The Utah Science Technology and Research initiative (USTAR) is a long-term, state-funded investment to strengthen Utah’s “knowledge economy” and generate high-paying jobs. Funded in March 2006 by the state Legislature, USTAR is based on three program areas: • Strategic investments at the University of Utah (U of U) and Utah State University (USU) to recruit world-class researchers. • Construction of state-of-the-art interdisciplinary facilities at these institutions for innovation teams. • Deploying teams that work with companies and entrepreneurs across Utah to promote technology commercialization.

Research Teams USTAR has recruited a total of 44 leading researchers from around the country, and recruitment continues. Strategic innovation focus areas include: • Energy and Environment • Biopharma/Biodevice • Medical Imaging and Brain Medicine • Imaging Technology and Digital Media • Nanotechnology Based on preliminary data for fiscal years 2007 through Dec. 2010 combined, USTAR research teams have attracted federal and other extramural funding to the State at twice the rate projected in USTAR’s 2005 economic prospectus. In the six-month period from June to December 2010, external grants won by USTAR researchers grew from $44 million

Photo courtesy of U of U Brain Institute

In a continuing effort to expand Utah’s research capabilities and infrastructure, USTAR recently invested in a new MRI device at the U of U dedicated to human brain scanning research. New approaches to treatment of addiction and traumatic brain injury may follow.

Governor’s Office of Economic Development • Annual Report • www.business.utah.gov

65


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World Trade Center Utah

2min
pages 74-75

USTAR Technology Outreach and Innovation Program Regional Offices

0
page 86

Utah Science Technology and Research Initiative (USTAR

5min
pages 66-69

Procurement Technical Assistance Centers

2min
page 84

Utah Fund of Funds

2min
pages 64-65

UGREEN

2min
pages 62-63

Governor’s Economic Development Coordinating Council (GEDCC

0
page 49

Manufacturing Extension Partnership

5min
pages 52-55

Office of Energy Development

1min
pages 56-57

Economic Development Corporation of Utah (EDCUtah

3min
pages 50-51

Small Business Development Center Network (SBDC

5min
pages 58-61

Utah Broadband Project

2min
pages 38-39

Utah Film Commission

5min
pages 40-43

Technology Commercialization and Innovation Program (TCIP

3min
pages 36-37

Corporate Recruitment and Incentives

4min
pages 18-21

Office of Consumer Health Services

6min
pages 24-27

Business Resource Centers: Entrepreneurial Development

2min
pages 16-17

Procurement Technical Assistance Centers (PTAC

2min
pages 30-31

Organizational Chart

2min
page 5

Governor’s Office of Economic Development Programs

0
pages 8-9

State Science Advisor

3min
pages 34-35

Governor’s Office of Economic Development Mission

1min
page 3
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