Utah grant program seeks promising technologies
Published: July 10, 2012 08:40AM
Updated: October 30, 2012 11:31PM

The Governor’s Office of Economic Development is accepting applications for Technology Commercialization and Innovative Program (TCIP) grants for 2013.

TCIP is a state-funded program developed to help commercialize technologies developed at Utah’s colleges and universities.

“While this is the first application round for fiscal year 2013, the momentum and follow-on funding generated over the years have continually demonstrated how Utah’s determined entrepreneurial environment sustains and encourages extraordinary innovation,” David Bradford, the program’s director, said in a statement.

The state invests $1.6 million a year in support of university technology commercialization, with the goal of generating high-paying jobs and building companies.

Previously funded applications include a minimally invasive pressurized water dental drill technology, an “undefeatable” motion-detection sensor and a proprietary technology that re-engineers axle and drivetrain components for more efficient vehicle power transmission.