Monday, March 20, 2006

Utah Looks To Recruit Researchers

The State of Utah is looking to attract researchers to the University of Utah and Utah State University, signing into law last week a bill to provide funding for technology. The The Utah Science, Technology, and Research Initiative (USTAR) provides $65M in cash plus $110M in bonds to attract researchers to the state, in hopes of attracting research teams that might develop marketable technology. A portion of the money is being used to build new buildings for research teams, and a small portion will go towards commercialization efforts.