(1) "Governing authority" means the Utah Science Technology and Research Governing Authority created in Section 63M-2-301.

(2) "Higher education institution" means an institution listed in Section 53B-2-101.

(3) "Principal researcher" means an individual who: (a) (i) on May 10, 2016, is employed, alone or as part of a research team, by a research university; (ii) before May 10, 2016, received funding from USTAR for some or all of the researcher's startup costs or research university salary; (iii) was recruited by a research university to become a member of a research university's faculty; and (iv) on or after May 10, 2016, continues to receive USTAR support; or (b) (i) is employed on or after May 10, 2016 as a researcher by a higher education institution; (ii) receives USTAR support; and (iii) is recruited by the governing authority and the higher education institution to become a member of the higher education institution's faculty.

(a) (i) on May 10, 2016, is employed, alone or as part of a research team, by a research university; (ii) before May 10, 2016, received funding from USTAR for some or all of the researcher's startup costs or research university salary; (iii) was recruited by a research university to become a member of a research university's faculty; and (iv) on or after May 10, 2016, continues to receive USTAR support; or

(i) on May 10, 2016, is employed, alone or as part of a research team, by a research university;

(ii) before May 10, 2016, received funding from USTAR for some or all of the researcher's startup costs or research university salary;

(iii) was recruited by a research university to become a member of a research university's faculty; and

(iv) on or after May 10, 2016, continues to receive USTAR support; or

(b) (i) is employed on or after May 10, 2016 as a researcher by a higher education institution; (ii) receives USTAR support; and (iii) is recruited by the governing authority and the higher education institution to become a member of the higher education institution's faculty.

(i) is employed on or after May 10, 2016 as a researcher by a higher education institution;

(ii) receives USTAR support; and

(iii) is recruited by the governing authority and the higher education institution to become a member of the higher education institution's faculty.

(4) "Private entity": (a) means a privately owned corporation, limited liability company, partnership, or other business entity or association; and (b) does not include an individual or a sole proprietorship.

(a) means a privately owned corporation, limited liability company, partnership, or other business entity or association; and

(b) does not include an individual or a sole proprietorship.

(5) "Program director" means the individual appointed under Subsection 63M-2-301(9).

(6) "Research building" means a building: (a) for which the governing authority holds title; and (b) that is located on the campus of a research university.

(a) for which the governing authority holds title; and

(b) that is located on the campus of a research university.

(7) "Research university" means: (a) the University of Utah; or (b) Utah State University.

(a) the University of Utah; or

(b) Utah State University.

(8) "USTAR" means the Utah Science Technology and Research Initiative created in Section 63M-2-301.

(9) "USTAR researcher" means: (a) a principal researcher; or (b) an individual, other than a principal researcher, who: (i) is employed by a higher education institution; and (ii) receives USTAR support.

(a) a principal researcher; or

(b) an individual, other than a principal researcher, who: (i) is employed by a higher education institution; and (ii) receives USTAR support.

(i) is employed by a higher education institution; and

(ii) receives USTAR support.

(10) "USTAR support" means assistance provided by USTAR including: (a) financial support; (b) technical assistance; (c) mentoring; and (d) the use of: (i) research or laboratory space controlled by USTAR in a building other than a research building; and (ii) equipment in space described in Subsection (10)(d)(i).

(a) financial support;

(b) technical assistance;

(c) mentoring; and

(d) the use of: (i) research or laboratory space controlled by USTAR in a building other than a research building; and (ii) equipment in space described in Subsection (10)(d)(i).

(i) research or laboratory space controlled by USTAR in a building other than a research building; and

(ii) equipment in space described in Subsection (10)(d)(i).