Utah Administrative Code
Topic - Governor
Title R357 - Economic Opportunity
Rule R357-11 - Technology Commercialization and Innovation Program (TCIP)
Section R357-11-6 - Applicant Specific Requirements
Universal Citation: UT Admin Code R 357-11-6
Current through Bulletin 2024-06, March 15, 2024
(1) University Teams: In order to apply for a grant or loan under the TCIP program, a University Team must satisfy the following initial criteria:
(a) The
technology must be organized by faculty led university team;
(b) The technology must have completed the
developmental research phase; and
(c) The applicant must be pre-screened by a
qualified pre-screening entity.
(d)
The qualified pre-screening entity must certify that the technology meets the
criteria set forth in (a) and (b) of this section, and the certification must
be provided before grant is awarded.
(2) Small Businesses: In order to apply for a grant or loan under the TCIP program, a small business must satisfy the following initial criteria:
(a) The applicant
must be a 'small business" as defined by the Federal Small Business
Administration's definition and meet the criteria set forth in UCA Section
63N-3-203(5).
(3) A University-licensee is also be eligible if it meets the definitions in (a) above.
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