Utah Admin. Code R357-11-3 - Definitions
(1) This rule adopts the definitions set
forth in 63N-3-203.
(2) "Board" means the Board of Business
Development set forth in
63N-1-301.
(3) "Derivative Technology" means:
Incremental advance or new of application of an existing technology.
(4) "Developmental Research Phase" means: A
phase in which the technology is not beyond a basic concept as determined by
the office.
(5) "New technology
means" Intellectual property not previously marketed or generated revenue for
any entity.
(6) Qualified
Pre-screening entity "means" A University's Technology Transfer Office or the
USTAR Technology Outreach Innovation Program. This term only applies to
University team applicants.
(7)
"Service location" means a location where a grant recipient is developing
and/or commercializing the new technology in a way that provides economic
impact to the state; including but not limited to: job creation, new state
revenue, and new local revenue.
(8)
Solicitation Cycle Means: A granting cycle from application to grant
distribution to be held at least once a year or more depending on availability
of funds. All dates for any solicitation may be found on the TCIP
website.
(9) "TCIP" means the
Technology Commercialization and Innovation Program as defined in Utah Code
Section 63N-3-203(6).
Notes
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