ted mcaleer, executive director of ustar
TRANSCRIPT
Update for Board of RegentsAugust 27, 2010
Presented byTed McAleer, Executive Director,
USTAR Governing AuthorityPh (801) 538-8709, [email protected]
www.innovationutah.com
Slide 208/26/10Board of Regents Update
USTAR: A Strong Fit with Utah priorities
Slide 308/26/10Board of Regents Update
USTAR: Three Program Areas
USTAR Research Team Funding
USTAR Buildings &Infrastructure
Technology Outreach Program
Slide 408/26/10Board of Regents Update
USTAR’s role in TBED
What is the nationally recognized technology-based economic development (TBED) framework?
1. Expanding the Research Infrastructure
2. Commercializing Research
3. Improving the Competitiveness of Existing Industries
4. Enhancing the Science and Technology Workforce
5. Increasing Access to Capital
6. Building Entrepreneurial Capacity
What USTAR programs are in place relative to TBED frameworkand what are the results to date?
Slide 508/26/10Board of Regents Update
TBED: Research Infrastructure
Results to date• Expanding the Research Infrastructure; (USTAR Research
Team funding and USTAR building and infrastructure)
• 34 USTAR faculty hired
• At USU: USTAR Bio Bldg opening October 7, 2010
• At U of U: “James L. Sorenson Molecular BioTechnology Building – a USTAR Innovation Center” progressing quickly
• More than 800 construction jobs in 2d half of 2010
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Success Story: Recruiting All-Star Talent
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USU USTAR BioInnovations Building
October 7, 2010 ribbon cutting
Biofuels Infrastructure
USU BEERC:Hybrid Energy R&D CtrUSU USTAR Core Facilities
• Clinical nutrition center• Bio Safety Level 3• Vivarium• Life science labs
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James L. Sorenson Molecular BioTechnology Bldg. – a USTAR Innovation Center
U of U – 2012 projected opening
UofU USTAR Core Facilities•Nanofabrication•Small Animal Imaging•Optical Imaging•Vivarium•Labs for Neuroscience and BioTech
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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.
Slide 1008/26/10Board of Regents Update
Example: Nanotechnology: (U of U)
Massoud Tabib-AzarWireless Nanosystems
• $10.9 mm in extramural funding• Formed Utah Wireless Nanosystems in 2010• Developed high-precision “nanotorch” for more
efficient circuit board manufacturing• Developing “audio” medicine labels for vision impaired
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Example: Targeted Drug Delivery (U of U)
Hamid GhandehariNanomedicine &Drug Delivery
• $5 mm in new funding, $30 mm pending, five disclosures
• TheraTarget Inc. formed in 2009• Research contract with Rexahn Pharmaceuticals
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Example: Environmental: Space Weather (USU)
Ken TobiskaSpace Weather
• Space Environment Technologies Inc. relocates HQ to Logan
• Developed iPhone application for tracking high-atmosphere patterns
• Developing commercial applications for aviation, military, civilian uses
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USTAR TOIP worked with over 175 companies in 19 counties
Results to date• Commercializing Research: (TCO Offices, COE, USTAR
TOIP, U of U TCO Accelerator, USU’s Energy Dynamics Lab)
TBED: Commercializing Research
• U of U Accelerator opened July 29, 2010 with tenants…building on 100 start-ups in 5 years
• USU’s EDL on track to grow from 5 people in FY10, to 40 in FY11
• 7 USTAR PI companies launched to date
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Results to date• Improving the Competitiveness of Existing Industries
(GOED, DWS and UCAP partnership initiative)
• Aerospace Ph I and II approved (WSU)
• Energy Ph I and II completed (SLCC)
• Digital Media Ph I underway (UVU)
• UTC LS EiR working with USHE on BioVision
• Projects being initiated at SUU and Dixie
TBED: Competitiveness of existing industry
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TBED: Enhancing STEM Workforce BioInnovations GatewayResults to date• Enhancing the Science and Technology Workforce
(USHE, InnovaBio program, BioInnovations Gateway_BiG )
• Four incubating tenants by Sept 30, 2010• 80+ students trained in Spring 2010• In running for national innovation award:
“Unique model of businessincubation and workforce development”
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Results to date:• Increasing Access to Capital (FofF, COE, TCG,
SBIR Ctr, Angel Networks)
• 68 TCG awarded in FY10 with 27 of the 68 to Regional Higher Education
• SBIR: 69 clients served and 4 wins across the State
• Dixie Angels and Park City Angels growing
TBED: Increasing Access to Capital
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Details: Technology Commercialization Grants
Fast-track commercialization: – Biomedical– IT– Cleantech/energy– Homeland security– Aviation– Advanced composites– Outdoor products
Early results:– 15 complete prototypes– 21 patent and disclosures filings– 6 new sales distribution
agreements
DOE and National Labpersonnel evaluateAres Motorsports’
hybrid race car
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Details: Technology Commercialization Grants
Funding (ARRA) from $12,000 to $90,000 68 projects at:
– Dixie– DATC– SUU– SLCC– UVU– SLCC– USU– U of U
>60 percent have industry co-applicant
Slide 1908/26/10Board of Regents Update
Results to date:• Building Entrepreneurial Capacity (USHE, GUV,
UVEF, NFEA, Dixie Techs)
• Extensive business services provided to 15 Concept to Company winners• Partnership with industry including GUV,
Zions Bank, Workman Nydegger, Ballard Spahr, CFO Solutions
• 6 Part “How to Raise Capital” series now running with FofF and COE
TBED: Building entrepreneurial capacity
Slide 2008/26/10Board of Regents Update
USTAR research recruits are delivering ahead of projections
USTAR Research Buildings are on track
USTAR Tech Outreach is having an impact state-wide on existing companies and new company creation
Summary
Summary
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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
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Thank you for your timeKey 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
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APPENDICESKey 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
Slide 2408/26/10Board of Regents Update
U of U Engineering Degrees Granted
76% increase since 1999
TotalTotal
BSBS
MSMS
PhDPhD
Slide 2508/26/10Board of Regents Update
U of U COE Ph.D. Students Enrolled
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$25M
U of U COE Research Expenditures
FY 2002 2003 2004 2005 2006 2007 2008 2009 FY 2002 2003 2004 2005 2006 2007 2008 2009
Increase of $4.6M/yr $56.9M
Slide 2708/26/10Board of Regents Update
Projected Job Creation – June 30
Top-tier research talent hired: ~180Construction jobs (June ‘10): 894Estimated jobs from grants: 1965
Projected Jobs: 3,309
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Leveraging the State’s Investment
State OutlayThrough FY2010
$52 million
ExtramuralGrants Won$62 million
Grant PipelinePending
$243 million
$-
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
1.2 X LeverageOf State
ResearchFunding