Business In Utah - 2022

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BUSINESS.UTAH.GOV | @BUSINESSUTAH

UTAH COMPANIES LEAD THE WAY IN INNOVATIVE AND LIFE-ALTERING TECHNOLOGIES Entrepreneurship and innovation are thriving in Utah’s science and technology sector. From robotic arms and imaging to improving surgery outcomes to technology that can produce oxygen on Mars, Utah’s tech community is making an impact. The Utah Innovation Center, part of the Governor’s Office of Economic Opportunity, works with Utah-based small businesses to provide funding to develop these groundbreaking technologies. It provides training and direct proposal assistance to companies applying for grants and contracts through the federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. The center has a win rate almost double the national average. It’s a proud recipient of the Tibbets Award presented by the Small Business Administration to organizations that significantly impact this arena. These two companies are a testament to the value of this support for companies producing cutting-edge technology in Utah.

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