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.
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"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.
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