2006 Utah Code - 63-38f-701 — Purpose.

     63-38f-701.   Purpose.
     (1) (a) The Legislature recognizes that the growth of new industry and expansion of existing industry requires a strong technology base, new ideas, concepts, innovations, and prototypes.
     (b) These generally come from strong research colleges and universities.
     (c) Technical research in Utah's colleges and universities should be enhanced and expanded, particularly in those areas targeted by the state for economic development.
     (d) Most states are enhancing their research base by direct funding, usually on a matching basis.
     (e) The purpose of this part is to catalyze and enhance the growth of these technologies by encouraging interdisciplinary research activities in targeted areas.
     (f) The Legislature recognizes that one source of funding is in matching state funds with federal funds and industrial support to provide the needed new technologies.
     (2) The Legislature recommends that the governor consider the allocation of economic development funds for Centers of Excellence to be matched by industry and federal grants on at least a two-for-one basis for colleges and universities in the state that offer any doctoral degrees.
     (3) (a) The Legislature recommends that the funds be allocated on a competitive basis to the various colleges and universities in the state.
     (b) The funds made available should be used to support interdisciplinary research in specialized Centers of Excellence in technologies that are considered to have potential for economic development in this state.

Amended by Chapter 356, 2006 General Session