Newsroom

In its simplicity, crowdfunding is a way to acquire capital by pooling small contributions from many individuals online, helping innovators turn ideas into market-ready prototypes without relying solely on traditional financing.  Projects are showcased on platforms where backers may receive…

Two of Utah’s premier angel investor groups, Park City Angels and Salt Lake City Angels, are pivotal in bolstering the state’s entrepreneurial ecosystem. By providing capital, mentorship, and strategic guidance, these organizations support early-stage companies poised for innovation and growth.…

Grants can be a key strategy for small businesses to secure funding without taking on debt. There are many grant opportunities, but finding them can be a significant challenge. Although the idea of “free money” sounds appealing, the investment is…

Utah is known for its thriving economy and supportive business environment, with numerous resources from the public and private sectors to support growth. Initially authorized in 2005, the Utah Legislature created the Economic Development Tax Increment Financing (EDTIF) program, a post-performance…

Since publication, the Utah Innovation Center has moved to the Nucleus Institute. See more information here. Funding is essential for entrepreneurs, particularly those conducting research and development for innovative deep-tech products. Often, these companies have extended timelines and require significant capital for…

The Utah Governor’s Office of Economic Opportunity announced the opening of its Economic Assistance Grant, a one-time funding opportunity for projects aimed at developing industry, education, community, and infrastructure to support the state’s economy. The Utah Legislature allocated $4.5 million…