Update for Board of Regents August 27, 2010 Presented by Ted McAleer, Executive Director,  USTAR Governing Authority Ph (8...
USTAR: A Strong Fit with Utah priorities
USTAR: Three Program Areas USTAR Research Team Funding USTAR Buildings & Infrastructure Technology Outreach Program
USTAR’s role in TBED <ul><li>What is the nationally recognized technology-based economic development (TBED) framework? </l...
TBED:  Research Infrastructure <ul><li>Results to date </li></ul><ul><li>Expanding the Research Infrastructure; ( USTAR Re...
Success Story: Recruiting All-Star Talent
USU USTAR BioInnovations Building October 7, 2010 ribbon cutting Biofuels Infrastructure USU BEERC: Hybrid Energy R&D Ctr ...
James L. Sorenson Molecular BioTechnology Bldg. –  a USTAR Innovation Center U of U – 2012 projected opening <ul><li>UofU ...
Details: USTAR Research Buildings U of U – 2012 projected opening The impact of microtechnologies and nanotechnologies wil...
Example: Nanotechnology: (U of U) <ul><li>Massoud Tabib-Azar </li></ul><ul><li>Wireless Nanosystems </li></ul><ul><li>$10....
Example: Targeted Drug Delivery (U of U) <ul><li>Hamid Ghandehari </li></ul><ul><li>Nanomedicine & </li></ul><ul><li>Drug ...
Example: Environmental: Space Weather (USU) <ul><li>Ken Tobiska </li></ul><ul><li>Space Weather </li></ul><ul><li>Space En...
<ul><ul><li>USTAR TOIP worked with over 175 companies in 19 counties </li></ul></ul><ul><li>Results to date </li></ul><ul>...
<ul><li>Results to date </li></ul><ul><li>Improving the Competitiveness of Existing Industries (GOED, DWS and  UCAP partne...
TBED: Enhancing STEM Workforce BioInnovations Gateway <ul><li>Results to date </li></ul><ul><li>Enhancing the Science and ...
<ul><li>Results to date: </li></ul><ul><li>Increasing Access to Capital (FofF, COE,  TCG ,  SBIR Ctr,  Angel Networks) </l...
Details: Technology Commercialization Grants <ul><li>Fast-track commercialization:  </li></ul><ul><ul><li>Biomedical </li>...
Details: Technology Commercialization Grants <ul><li>Funding (ARRA) from $12,000 to $90,000 </li></ul><ul><li>68 projects ...
<ul><li>Results to date: </li></ul><ul><li>Building Entrepreneurial Capacity (USHE, GUV, UVEF, NFEA,  Dixie Techs ) </li><...
<ul><li>USTAR research recruits are delivering ahead of projections </li></ul><ul><li>USTAR Research Buildings are on trac...
Questions? Key Links for additional information USTAR:  www.innovationutah.com  and  http://newmedia.innovationutah.com/  ...
Thank you for your time Key Links for additional information USTAR:  www.innovationutah.com  and  http://newmedia.innovati...
APPENDICES Key Links for additional information USTAR:  www.innovationutah.com  and  http://newmedia.innovationutah.com/  ...
U of U Engineering Degrees Granted <ul><li>76% increase since 1999 </li></ul>Total BS MS PhD
U of U COE Ph.D. Students Enrolled
U of U COE Research Expenditures $25M FY  2002  2003  2004  2005  2006  2007  2008  2009  Increase of $4.6M/yr $56.9M
Projected Job Creation – June 30 Top-tier research talent hired:  ~180 Construction jobs (June ‘10):  894 Estimated jobs f...
Leveraging the State’s Investment State Outlay Through FY2010 $52 million Extramural Grants Won $62 million Grant Pipeline...
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Ted McAleer, executive director of USTAR

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Ted McAleer, executive director of USTAR, makes a presentation to Utah's State Board of Regents on Aug. 27, 2010.

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  • Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
  • We’ve been successful in recruiting top talent nationally and internationally to Utah’s research universities. The researchers who have moved to Utah through the USTAR program are what we call “5 percenters,” meaning they are among the 5 percent of faculty that typically account for 50 percent of university federal and industry-sponsored research grant funding.
  • Strategic Partnerships – Include more detailed referral options to salesforce (out &amp; in and to &amp; from whom), break out service providers by function (i.e. legal, accounting) and preference,
  • Strategic Partnerships – Include more detailed referral options to salesforce (out &amp; in and to &amp; from whom), break out service providers by function (i.e. legal, accounting) and preference,
  • We’ve been successful in recruiting top talent nationally and internationally to Utah’s research universities. The researchers who have moved to Utah through the USTAR program are what we call “5 percenters,” meaning they are among the 5 percent of faculty that typically account for 50 percent of university federal and industry-sponsored research grant funding.
  • The USTAR building projects are on track. They are going to add exciting, state-of-the-art resources to the state’s research infrastructure. The buildings will house multidisciplinary teams and should attract collaborations with industry.
  • Healthcare reform process is currently part of the national healthcare debate. It will be driven by policy changes and innovation from the medical community. USTAR Innovation areas in Medical Imaging and Brain Medicine and BioDevice / BioPharma hold promise for Utah and the nation. Our researchers are at the forefront, and as in the energy area, they are bringing considerable out-of-state research funds to Utah by winning highly competitive grants. These are internationally recognized experts and their efforts are catalyzing the talent that already exists at our research universities.
  • Hamid Ghandehari’s new company, TheraTarget, just signed an agreement with Rexahn, a Maryland-based pharmaceutical company, to produce novel methods of targeted drug delivery. This technology promises to reduce the disruptive effects of chemotherapy.
  • Healthcare reform process is currently part of the national healthcare debate. It will be driven by policy changes and innovation from the medical community. USTAR Innovation areas in Medical Imaging and Brain Medicine and BioDevice / BioPharma hold promise for Utah and the nation. Our researchers are at the forefront, and as in the energy area, they are bringing considerable out-of-state research funds to Utah by winning highly competitive grants. These are internationally recognized experts and their efforts are catalyzing the talent that already exists at our research universities.
  • Strategic Partnerships – Include more detailed referral options to salesforce (out &amp; in and to &amp; from whom), break out service providers by function (i.e. legal, accounting) and preference,
  • Strategic Partnerships – Include more detailed referral options to salesforce (out &amp; in and to &amp; from whom), break out service providers by function (i.e. legal, accounting) and preference,
  • Strategic Partnerships – Include more detailed referral options to salesforce (out &amp; in and to &amp; from whom), break out service providers by function (i.e. legal, accounting) and preference,
  • Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
  • Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
  • Welcome Introductions: Tuesday Florian Solzbacher, U of U Jeff Muhs, USU
  • Another important indicator of our early ROI is job creation. USTAR has directly hired 128 researchers. These are incredible additions to Utah’s talent pool. The construction of our research facilities at USU and U of U is also contributing nearly 900 jobs during these tough times. These jobs will last through next summer. And, we estimate that the $71 MM of new research funding equates to nearly 1500 new jobs. Based on U of U BEBR study, the $71 MM in grants translates to $63 MM in Utah-based wages.
  • Ted McAleer, executive director of USTAR

    1. 1. Update for Board of Regents August 27, 2010 Presented by Ted McAleer, Executive Director, USTAR Governing Authority Ph (801) 538-8709, [email_address] www.innovationutah.com
    2. 2. USTAR: A Strong Fit with Utah priorities
    3. 3. USTAR: Three Program Areas USTAR Research Team Funding USTAR Buildings & Infrastructure Technology Outreach Program
    4. 4. USTAR’s role in TBED <ul><li>What is the nationally recognized technology-based economic development (TBED) framework? </li></ul><ul><li>Expanding the Research Infrastructure </li></ul><ul><li>Commercializing Research </li></ul><ul><li>Improving the Competitiveness of Existing Industries </li></ul><ul><li>Enhancing the Science and Technology Workforce </li></ul><ul><li>Increasing Access to Capital </li></ul><ul><li>Building Entrepreneurial Capacity </li></ul>What USTAR programs are in place relative to TBED framework and what are the results to date?
    5. 5. TBED: Research Infrastructure <ul><li>Results to date </li></ul><ul><li>Expanding the Research Infrastructure; ( USTAR Research Team funding and USTAR building and infrastructure) </li></ul><ul><ul><li>34 USTAR faculty hired </li></ul></ul><ul><ul><li>At USU: USTAR Bio Bldg opening October 7, 2010 </li></ul></ul><ul><ul><li>At U of U: “James L. Sorenson Molecular BioTechnology Building – a USTAR Innovation Center” progressing quickly </li></ul></ul><ul><ul><li>More than 800 construction jobs in 2d half of 2010 </li></ul></ul>
    6. 6. Success Story: Recruiting All-Star Talent
    7. 7. USU USTAR BioInnovations Building October 7, 2010 ribbon cutting Biofuels Infrastructure USU BEERC: Hybrid Energy R&D Ctr <ul><li>USU USTAR Core Facilities </li></ul><ul><li>Clinical nutrition center </li></ul><ul><li>Bio Safety Level 3 </li></ul><ul><li>Vivarium </li></ul><ul><li>Life science labs </li></ul>
    8. 8. James L. Sorenson Molecular BioTechnology Bldg. – a USTAR Innovation Center U of U – 2012 projected opening <ul><li>UofU USTAR Core Facilities </li></ul><ul><li>Nanofabrication </li></ul><ul><li>Small Animal Imaging </li></ul><ul><li>Optical Imaging </li></ul><ul><li>Vivarium </li></ul><ul><li>Labs for Neuroscience and BioTech </li></ul>
    9. 9. Details: USTAR Research Buildings U of U – 2012 projected opening The impact of microtechnologies and nanotechnologies will be greater than US $3 trillion by 2015. - Source: Organisation for Economic Cooperation and Development The U of U Nanofabrication facility positions Utah to capture hundreds of millions in federal and industry-sponsored research grants over the next decade.
    10. 10. Example: Nanotechnology: (U of U) <ul><li>Massoud Tabib-Azar </li></ul><ul><li>Wireless Nanosystems </li></ul><ul><li>$10.9 mm in extramural funding </li></ul><ul><li>Formed Utah Wireless Nanosystems in 2010 </li></ul><ul><li>Developed high-precision “nanotorch” for more efficient circuit board manufacturing </li></ul><ul><li>Developing “audio” medicine labels for vision impaired </li></ul>
    11. 11. Example: Targeted Drug Delivery (U of U) <ul><li>Hamid Ghandehari </li></ul><ul><li>Nanomedicine & </li></ul><ul><li>Drug Delivery </li></ul><ul><li>$5 mm in new funding, $30 mm pending, five disclosures </li></ul><ul><li>TheraTarget Inc. formed in 2009 </li></ul><ul><li>Research contract with Rexahn Pharmaceuticals </li></ul>
    12. 12. Example: Environmental: Space Weather (USU) <ul><li>Ken Tobiska </li></ul><ul><li>Space Weather </li></ul><ul><li>Space Environment Technologies Inc. relocates HQ to Logan </li></ul><ul><li>Developed iPhone application for tracking high-atmosphere patterns </li></ul><ul><li>Developing commercial applications for aviation, military, civilian uses </li></ul>
    13. 13. <ul><ul><li>USTAR TOIP worked with over 175 companies in 19 counties </li></ul></ul><ul><li>Results to date </li></ul><ul><li>Commercializing Research: (TCO Offices, COE, USTAR TOIP, U of U TCO Accelerator, USU’s Energy Dynamics Lab ) </li></ul>TBED: Commercializing Research <ul><ul><li>U of U Accelerator opened July 29, 2010 with tenants…building on 100 start-ups in 5 years </li></ul></ul><ul><ul><li>USU’s EDL on track to grow from 5 people in FY10, to 40 in FY11 </li></ul></ul><ul><ul><li>7 USTAR PI companies launched to date </li></ul></ul>
    14. 14. <ul><li>Results to date </li></ul><ul><li>Improving the Competitiveness of Existing Industries (GOED, DWS and UCAP partnership initiative ) </li></ul><ul><ul><li>Aerospace Ph I and II approved (WSU) </li></ul></ul><ul><ul><li>Energy Ph I and II completed (SLCC) </li></ul></ul><ul><ul><li>Digital Media Ph I underway (UVU) </li></ul></ul><ul><ul><li>UTC LS EiR working with USHE on BioVision </li></ul></ul><ul><ul><li>Projects being initiated at SUU and Dixie </li></ul></ul>TBED: Competitiveness of existing industry
    15. 15. TBED: Enhancing STEM Workforce BioInnovations Gateway <ul><li>Results to date </li></ul><ul><li>Enhancing the Science and Technology Workforce (USHE, InnovaBio program, BioInnovations Gateway_BiG ) </li></ul><ul><li>Four incubating tenants by Sept 30, 2010 </li></ul><ul><li>80+ students trained in Spring 2010 </li></ul><ul><li>In running for national innovation award: </li></ul><ul><li>“ Unique model of business incubation and workforce development” </li></ul>
    16. 16. <ul><li>Results to date: </li></ul><ul><li>Increasing Access to Capital (FofF, COE, TCG , SBIR Ctr, Angel Networks) </li></ul><ul><ul><li>68 TCG awarded in FY10 with 27 of the 68 to Regional Higher Education </li></ul></ul><ul><ul><li>SBIR: 69 clients served and 4 wins across the State </li></ul></ul><ul><ul><li>Dixie Angels and Park City Angels growing </li></ul></ul>TBED: Increasing Access to Capital
    17. 17. Details: Technology Commercialization Grants <ul><li>Fast-track commercialization: </li></ul><ul><ul><li>Biomedical </li></ul></ul><ul><ul><li>IT </li></ul></ul><ul><ul><li>Cleantech/energy </li></ul></ul><ul><ul><li>Homeland security </li></ul></ul><ul><ul><li>Aviation </li></ul></ul><ul><ul><li>Advanced composites </li></ul></ul><ul><ul><li>Outdoor products </li></ul></ul><ul><li>Early results: </li></ul><ul><ul><li>15 complete prototypes </li></ul></ul><ul><ul><li>21 patent and disclosures filings </li></ul></ul><ul><ul><li>6 new sales distribution agreements </li></ul></ul>DOE and National Lab personnel evaluate Ares Motorsports’ hybrid race car
    18. 18. Details: Technology Commercialization Grants <ul><li>Funding (ARRA) from $12,000 to $90,000 </li></ul><ul><li>68 projects at: </li></ul><ul><ul><li>Dixie </li></ul></ul><ul><ul><li>DATC </li></ul></ul><ul><ul><li>SUU </li></ul></ul><ul><ul><li>SLCC </li></ul></ul><ul><ul><li>UVU </li></ul></ul><ul><ul><li>SLCC </li></ul></ul><ul><ul><li>USU </li></ul></ul><ul><ul><li>U of U </li></ul></ul><ul><li>>60 percent have industry co-applicant </li></ul>
    19. 19. <ul><li>Results to date: </li></ul><ul><li>Building Entrepreneurial Capacity (USHE, GUV, UVEF, NFEA, Dixie Techs ) </li></ul><ul><ul><li>Extensive business services provided to 15 Concept to Company winners </li></ul></ul><ul><ul><ul><li>Partnership with industry including GUV, Zions Bank, Workman Nydegger, Ballard Spahr, CFO Solutions </li></ul></ul></ul><ul><ul><li>6 Part “How to Raise Capital” series now running with FofF and COE </li></ul></ul>TBED: Building entrepreneurial capacity
    20. 20. <ul><li>USTAR research recruits are delivering ahead of projections </li></ul><ul><li>USTAR Research Buildings are on track </li></ul><ul><li>USTAR Tech Outreach is having an impact state-wide on existing companies and new company creation </li></ul>Summary Summary
    21. 21. Questions? Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
    22. 22. Thank you for your time Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
    23. 23. APPENDICES Key Links for additional information USTAR: www.innovationutah.com and http://newmedia.innovationutah.com/ BIG: http://innovationutah.com/BiG.html SBIR: http://innovationutah.com/sbir.html
    24. 24. U of U Engineering Degrees Granted <ul><li>76% increase since 1999 </li></ul>Total BS MS PhD
    25. 25. U of U COE Ph.D. Students Enrolled
    26. 26. U of U COE Research Expenditures $25M FY 2002 2003 2004 2005 2006 2007 2008 2009 Increase of $4.6M/yr $56.9M
    27. 27. Projected Job Creation – June 30 Top-tier research talent hired: ~180 Construction jobs (June ‘10): 894 Estimated jobs from grants: 1965 Projected Jobs: 3,309
    28. 28. Leveraging the State’s Investment State Outlay Through FY2010 $52 million Extramural Grants Won $62 million Grant Pipeline Pending $243 million $- $50,000,000 $100,000,000 $150,000,000 $200,000,000 $250,000,000 1.2 X Leverage Of State Research Funding

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