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USTAR is publishing a new kind of annual report, one that’s in “bite-sized” pieces you might have time to read. We’ll be adding chapters over the next few weeks. Today’s edition covers the USTAR Technology Outreach and Innovation Program.

163 companies assisted. $9.73 million in capital raised.

The Technology Outreach program aims to expand the benefit of USTAR beyond the major research universities to the entire state. In 2009, Technology Outreach worked with 163 companies in 18 counties to help them connect with university research and expand their businesses. In particular, early stage technology companies face a challenge finding capital investment. Even in a tough investing climate, USTAR helped innovation-based startups secure $9.73 million in 2009

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To read the full, original article click on this link: Statewide Results. Statewide Impact. « Innovation Utah

Author: innovationUTAH