Updated: 8/24/2012  

Frequently Asked Questions

Updates to the program in the future will be announced on http://innovationutah.com, and through USTAR’s e-Connections newsletter.

1. Who should our business contact for more information on how to apply?

First of all, email USTAR at ustarinfo@utah.gov with a brief description of your innovation. We may know the right regional USTAR economic development team for you to contact. Alternatively, you may email the USTAR teams co-located at the eligible regional institutions of higher learning:

Dixie State College: ustars@utah.gov

Utah Valley University: ustarc@utah.gov

Weber State University: ustarn@utah.gov

2. My business is in St. George, am I required to apply through Dixie State College?

No. Regardless of where the company is located, any Utah-based company may apply for a GTM grant through either Dixie State College, Utah Valley University, or Weber State University – provided the company and its technology being developed are a good match with USTAR’s regional economic development goals and objectives as described here:

DSC is focused on pre-revenue, high potential startups developing new High Tech Manufacturing, IT Hardware, Software and Energy technologies. Existing businesses developing new technologies may also apply. To apply, please visit http://itreincubator.com.

UVU is focused on pre-revenue, high potential startups developing new High Tech Manufacturing, IT Hardware, and Software technologies.

WSU is focused on job creation and new revenue creation within a 6 – 12 month time frame.  Successful applicants will have an intact leadership team, a prototype, customer validation, sales and marketing channels, and will include Weber State resources in at least one of their milestones.  Please visit innovationweber.com for a list of successful engagements.

Refer to the PROCESS section of the GTM Terms and Conditions for more information.

3. What is the typical GTM award size?

Phase I grants, intended for development and validation of a prototype, range from $1,000 to $10,000 depending on the applicants needs and the process established by USTAR’s regional economic development teams at the institutions of higher learning.

Phase II grants, intended for development and validation of a salable solution, range from $10,000 to $20,000 depending on the applicants’ needs and the process established by USTAR’s regional economic development teams at the institutions of higher learning.

Refer to the PROCESS section of the GTM Terms and Conditions for more information.

4. What is the application deadline?

Go-To-Market (GTM) grants are available from August 6, 2012 through June 30, 2013 or until program funds are exhausted, whichever comes first. Refer to the PROCESS section of the GTM Terms and Conditions for more details regarding how and when to apply.

5. What protection of intellectual property does the program offer?

The responsibility rests with the applicant. You must weigh what is best and most prudent for  you. First of all, we ask that you provide informative descriptions of your technology, without disclosing confidential aspects.

USTAR will not use, and does not have any rights in, any applications, except for the purposes of conducting and promoting the GTM program.

USTAR cannot guarantee the confidentiality or security of the intellectual property rights of any applicants and cannot control the use of the ideas or concepts within any applications by third parties.

Each applicant will be solely responsible for any protection or enforcement of intellectual property rights relating to applications submitted by such applicant.

6. Can a company submit more than one application?

No, we recommend you put forward your most compelling request.

7. Must the company co-apply with a faculty member at one of the three institutions of higher learning?

No, however having an academic partner may be viewed as evidence of a stronger business case by the USTAR directors evaluating applications.

8. What is the review process and how are the criteria weighed?

Please refer to the PROCESS section of the GTM Terms and Conditions for details on how each of the three institutions of higher learning will handle these aspects of the program.

9. What is the timing of the review and award process?

Please refer to the PROCESS section of the GTM Terms and Conditions for details on how each of the three institutions of higher learning will handle these aspects of the program.

10. Who receives the funds when awarded?

USTAR will disburse funds directly to the sponsoring/affiliated regional higher education institution. The institution will in turn disburse them to the GTM winning companies through the institution’s standard grant accounting process. USTAR will not transfer funds directly to faculty or co-applicant companies.

Applicants should have a clear and mutual understanding of how they will handle shared expenses, potential revenues, intellectual property rights, and other business aspects before submitting an application to this program.

11. Is there a time limit on the funds?

Yes, to avoid losing unspent funds, all funds must be expended within one year of the award date.

12. Is it suitable to apply for GTM funds to support basic research?

No, GTM funds are for commercialization activities.

13. What ongoing reporting requirements are there?

Monthly reporting requirements essentially entail tracking the number of new jobs created or existing jobs saved through the funding, plus normal accounting of expenditures. The reporting period is likely to extend a year or more from award date. USTAR will make a best effort to ensure reporting requirements are reasonable and not burdensome. A detailed packet will be provided awardees when they meet with USTAR staff after our Governing Authority makes their final determinations.

14. Does a grant award come with USTAR services as well?

USTAR reserves the right to offer commercialization guidance to winning applicants. USTAR also reserves the right to publish non-confidential GTM program success stories in the media. USTAR’s marketing and communications director will work with winning applicants to ensure appropriate media coverage of success stories.

15. If an application is selected, does USTAR take any equity position or receive licensing revenue in any future commercialization?

No.

16. If commercialization occurs successfully, what is the repayment process?

Successful commercialization is defined as the generation of $100,000 in annual Gross Sales Revenues by the applicant’s company, regardless of whether the revenue was derived from the commercialization of the technology developed with GTM funds or from other products or services sold by the company. If the grant leads to successful commercialization, the commercializing entity shall repay the original grant amount in full, plus 20 percent (1.2 times the original grant amount), to the institution of higher learning that sponsored the GTM. The institution of higher learning shall have full control over the use of repaid grant monies.  The intent is to have these repayment funds deployed for further institution-based technology commercialization efforts.

The applicant shall reimburse the institution of higher learning within one year following the close of the fiscal year after successful commercialization.

If the applicant does not repay the full amount, plus 20 percent, of the award by the end of one year following the close of the fiscal year after successful commercialization, the applicant shall instead pay the institution of higher learning any unpaid balance of the award, plus an additional amount equal to 30 percent of the unpaid award balance.

17. What happens if no successful commercialization occurs?

If the applicant and USTAR agree in writing that no Product, Service or Process can be successfully commercialized from the Technology or related Intellectual Property developed under the Project, no repayment of the award shall be required.

18. Any other issues regarding payback?

If the applicant successfully commercializes a Product, Service or Process from the Technology or related Intellectual Property developed under the Project, and fails to notify USTAR, or if the applicant licenses, sells, donates, or otherwise transfers the rights to commercialize or manufacture the Product, Service or Process to any individual or company and fails to notify USTAR of such transfer, the applicant shall pay the institution of higher learning an amount equivalent to two times the award funds received within 90 days of the transfer.

19. What if I have further questions?

Please contact ustarinfo@utah.gov or call 801-538-8879.