2011 Utah Code
Title 63M Governor's Programs
Chapter 1 Governor's Office of Economic Development
Section 703 Definitions.

63M-1-703. Definitions.
As used in this part:
(1) "Business team consultant" means an experienced technology executive, entrepreneur, or business person who:
(a) is recruited by the office through a request for proposal process to work directly with a college or university in the Technology Commercialization and Innovation Program; and
(b) works with the institution to facilitate the transition of its technology into industry by assisting the institution in developing strategies, including spin out strategies when appropriate, and go-to-market plans, and identifying and working with potential customers and partners.
(2) "Direct license" means the licensing between a company and a Utah college or university of technology developed at the college or university for the intent of commercializing the technology or facilitating its transition into industry.
(3) "Licensee" means:
(a) a company that executes or is in the process of executing a direct license; or
(b) a sublicensee of the technology from a direct license.
(4) "Technology Commercialization and Innovation Program" means university-based, federal- and industry-supported cooperative research and development programs.