R856-2-5. Application Form and Submission Guidelines

  (1) USTAR will accept applications for IPP grants on an ongoing basis.

  (2) USTAR will make applications and instructions available on USTAR's website and in paper form upon request.

  (3) The instructions will include the following:

  (a) A general procedure for submitting an application;

  (b) Instructions for application content, which includes:

  (i) description of technology gap;

  (ii) commercialization plan if technology gap is solved;

  (iii) description of technical milestones and qualification of team to meet milestones;

  (iv) potential market;

  (v) potential economic impact on Utah economy; and,

  (vi) timeline for completion.

  (c) Instructions for providing an outlined budget for total project cost, including;

  (i) a description of any funds already secured for activities related to the project;

  (ii) an itemized budget detailing planned use of grant funds; and,

  (iii) breakdown of costs to costs to complete each milestone.

  (d) Description of the application evaluation process and scoring system.

  (e) Instructions for reporting project results and completing annual follow-up surveys.

  (4) All completed applications will be reviewed and awardees selected via the criteria and method outlined in Sections R856-2-6 and R856-2-7 herein.