COBI 2015 - Technology Outreach and Innovation

Overview
Issues
Performance
Background
Financials

Sources Uses

FY 2016 Appropriation

The Technology Outreach and Innovation Program (TOIP) line item represents USTAR's State wide offices that provide services to entrepreneurs and connect research inventions and technologies from the research universities to entrepreneurs, regional colleges, universities, businesses and industry to support the technology ecosystem in the State and accelerate development of technology related jobs and companies.

The Technology Outreach and Innovation line item includes seven programs:

TOIP South (partners with Southern Utah University and Dixie State University);

TOIP Central (partners with Utah Valley University);

TOIP Northern (partners with Weber State University);

TOIP East (partners with Utah State University - Uintah Basin);

TOIP Salt Lake - Small Business Innovation Research (SBIR) and Science Technology Transfer and Research (SBIR-STTR Resource Center);

TOIP Salt Lake - BioInnovations Gateway (BiG); and

Projects

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $2,597,900 from all sources for Technology Outreach and Innovation. This is a 20.2 percent reduction from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $2,586,900 from the General/Education Funds, a reduction of 7.8 percent from revised Fiscal Year 2015 estimates.

Appropriation Adjustments

In addition to statewide compensation and internal service fund cost increases, the following appropriation adjustments were made during the 2015 General Session:

DescriptionOngoingOne-Time Shift USTAR Oversight Functions to Administration ($260,000)$0

OngoingOne-TimeFinancing Source

($260,000)$0General Fund

Centralize oversight functions into Administration.

Two performance measures USTAR is considering for the technology outreach program are 1) Technology Outreach Companies Assisted and 2)Amount of SBIR/STTR Grants Won from Companies Assisted by the SBIR/STTR Assistance Center. The FY 2014 data for these measures is found below:

Technology Outreach Companies Assisted

SBIR/STTR Grants Won

Statute

The scope of the USTAR Technology Outreach Program is outlined in UCA 63M-2-202. The program:

Brokers ideas, new technologies, and services to entrepreneurs and businesses throughout a defined service area;
Engages local entrepreneurs and professors at applied technology centers, colleges, and universities by connecting them to Utah's research universities;
Screens business ideas and new technologies to ensure that the ones with the highest growth potential receive the most targeted services and attention;
Connects market ideas and technologies in new or existing businesses or industries or in regional colleges and universities with the expertise of Utah's research universities;
Assists businesses, applied technology centers, colleges, and universities in developing commercial applications for their research; and
Disseminates discoveries and technologies originating at Utah's research universities to local entrepreneurs, businesses, applied technology centers, colleges, and universities.

In addition to five TOIP regions, SBIR-STTR, and BiG, the Governing Authority (GA) has established:

A virtual innovation network;
A Go to Market program;
Support to the Cluster Acceleration Project (UCAP);
Support for "Concept to Company" competitions; and
TOIP directors, analysts, and interns to work with local companies, entrepreneurs, the universities, and regional stakeholders. These individuals collaborate with universities to commercialize innovations, assist industry, connect investors to promising opportunities, and maximize economic impact of new technologies created in Utah.

Business Accelerators. Emphasize rapid-growth and assist entrepreneurs in accelerating the development of start-up companies; business accelerators provide resources and services to support start-up companies through any obstacles they may encounter.

Business Incubator Programs. Provide mentorship and support during the time it takes a company to get on its feet. The focus is on speeding up the growth and success of start-up and early state companies. Incubation times vary for each company.

Go-To-Market (G2M) Program. Helps Utah's high potential technology companies perform customer and product validation activity before initiating equity fundraising or sale efforts.

Grant Support. Includes information and assistance in preparing and submitting SBIR-STTR applications.

Industry Support. Includes 1) working with established companies and corporations, connecting them with applied research and new innovations 2) connecting start-ups with valuable resources to facilitate collaborative partnerships, and 3) helping to identify gaps in needed areas such as education and workforce development.

Mentoring/Business Services. Provided by USTAR regional offices and a network of experts; offers one-on-one mentoring in setting goals for success while developing business plans and refining strategies.

Prototyping. Services to early stage companies looking to validate their business model. Prototyping support includes 3D printers, engineering assistance, and machine shop time.

Intent Language

HB0003: Item 63

Under Section 63J-1-603 of the Utah Code, the Legislature intends that up to $332,000 of any remaining amount of the $2,802,700 ongoing General Fund appropriation provided by Item 20, Chapter 10, Laws of Utah 2014 for Utah Science Technology and Research Governing Authority � Technology Outreach and Innovation shall not lapse at the close of Fiscal Year 2015. These funds will be used for Go-to-market program and program impact survey.

Display By:

Program

Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Programs	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
South	0	0	0	0	399,700	0	399,700	(3,200)	396,500
Central	0	0	0	0	670,000	(8,900)	661,100	(85,600)	575,500
North	0	0	0	0	670,000	(30,000)	640,000	(64,500)	575,500
East	0	0	0	0	594,900	186,000	780,900	(214,400)	566,500
Salt Lake SBIR-STTR Resource Center	0	0	0	0	275,800	45,200	321,000	2,900	323,900
Salt Lake BioInnovations Gateway (BiG)	0	0	0	0	163,600	(8,100)	155,500	4,200	159,700
Projects	0	0	0	0	96,500	199,600	296,100	(295,800)	300
Total	$0	$0	$0	$0	$2,870,500	$383,800	$3,254,300	($656,400)	$2,597,900

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
General Fund	0	0	0	0	2,802,700	0	2,802,700	(226,100)	2,576,600
General Fund, One-time	0	0	0	0	2,000	0	2,000	8,300	10,300
Dedicated Credits Revenue	0	0	0	0	11,000	0	11,000	0	11,000
Beginning Nonlapsing	0	0	0	0	83,900	354,700	438,600	(438,600)	0
Closing Nonlapsing	0	0	0	0	(29,100)	29,100	0	0	0
Total	$0	$0	$0	$0	$2,870,500	$383,800	$3,254,300	($656,400)	$2,597,900

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	0	0	0	0	690,500	603,700	1,294,200	37,700	1,331,900
In-state Travel	0	0	0	0	10,000	20,300	30,300	0	30,300
Out-of-state Travel	0	0	0	0	5,000	8,100	13,100	0	13,100
Current Expense	0	0	0	0	2,156,800	(251,000)	1,905,800	(694,400)	1,211,400
DP Current Expense	0	0	0	0	8,200	2,700	10,900	300	11,200
Total	$0	$0	$0	$0	$2,870,500	$383,800	$3,254,300	($656,400)	$2,597,900

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Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Budgeted FTE	0	0	0	0	10	(10)	0	10	10

COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.