AGENCY: Technology Finance Corporation

SERIES: 10112
TITLE: Rejected Small Business Innovation Program applications
DATES: 1985-1992.
ARRANGEMENT: Numerical by reception number

DESCRIPTION: The Small Business Innovation Program (SBIP) director creates these records to support evaluation of proposals for financing innovative technologies. All proprietary data submitted by unsuccessful applicants is returned to them. Utah Technology Finance Corporation (UTFC) retains the application cover page, abstract, budget page, administrative correspondence, and the review records. UTFC plans to use these records for short- and long-term studies of the validity of their evaluative criteria.

RETENTION

Permanent. Retain for 20 year(s)

DISPOSITION

Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 04/2000

FORMAT MANAGEMENT

Paper: Retain in Office for 1 year and then transfer to State Records Center. Retain in State Records Center for 19 years or until long-term research value is reappraised and then transfer to State Archives with authority to weed.

APPRAISAL

Administrative Historical

This disposition is based on the administrative value expressed by the program director. An assessment of the criteria used for accepting and rejecting applications is underway as of January 1992. Based upon the usefulness of the summary report that is compiled and future studies, these applications will be reappraised for evidential value in 2005.

PRIMARY DESIGNATION

Exempt. UCA 9-13-305(1)(2008), proprietary information

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