Office Locations:

H Wasatch Drive
Salt Lake City, UT 84112
Phone: 801- 581-7236
Fax: (801) 585-6212



  • Seed



  • Information Technology



    The Utah Science Technology and Research initiative (USTAR) is a long-term, state-funded investment to strengthen Utah's 'knowledge economy.' USTAR offers a Technology Commercialization Grant (TCG) program for Utah public regional higher education institutions and associated companies. In an effort to bring innovative new technologies to market, USTAR launched the TCG program in 2009 and conducted three rounds. USTAR also funded The BioInnovations Gateway (BiG), an incubator for emerging biotech and medical device companies, a high-tech training facility for the next generation of bio-innovators, and a contract research resource for Utah's life science industry. USTAR held two new rounds of the Technology Commercialization Grant (TCG) program for Utah public regional higher education institutions and associated companies in FY2011. With a typical award size of $30,000, these grants assist faculty to prototype, test, assess markets, and commercialize new products and services in high-growth markets. Located within the Granite Technical Institute (GTI) at 2500 South State Street in Salt Lake City, BiG will support up to seven resident companies, providing access to state-of-the-art biotech, and biomanufacturing, and engineering design and prototyping equipment. In a unique approach compared to incubators nationally, students work side-by-side resident company staff.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alan J. Walker Eastern Utah TOIP Director
    Andrew Weyrich VP for Research
    Curtis S. Roberts Northern Utah TOIP Director
    Jill Elliss Southern Utah TOIP Director
    Steven Roy Central Utah TOIP Director


    Portfolio companies include:


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