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Utah Sees Impact from Centers of Excellence

Spawning 132 new companies over thirteen years is just one of the impressive statistics cited in the latest annual report for the Utah Centers of Excellence Program (COEP). The 1998-1999 report highlights the program’s accomplishments and economic impact since its inception in 1986. Each year, COEP staff document the program’s contributions to the Utah economy through statistical data and anecdotal success stories.

Since 1986, COEP has awarded $30.7 million in state funding to Utah universities and colleges for applied R&D focused on the development of technologies which have the potential for economic development in the state.  That funding has generated cumulative matching funds from private and federal sources of $332.7 million, resulting in a matching fund ratio of 10.8 to 1. 

Additional accomplishments include:

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