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Utah Valley Companies Gain Recognition
Winners of the Utah Valley Entrepreneurial Forum's 2008 Top 25 Under Five Awards spotlighted outstanding Utah entrepreneurs from across the state. These young companies have created more than 950 jobs.
Nutritional supplements and cosmetics provider Agel Enterprises was recognized as the No. 1 performer among the Top 25 nominees. Other award recipients included: Control4, Skull Candy, Seastone, Mindshare Technologies, Sunrise Publishing Group, Aribex, Cymphonix, Alianza, Navigator Business Solutions, Vested Group, InsideSales.com, Procerus, OrangeSoda, Hunter Composites, Experience Dental Studio, Q90, Snapp Conner PR, Rockwell, Ad Hoc Electronics, FundingUniverse, LineaGen, Renasis, Kaufman Enterprise Solutions, Ciralight, Five Star Painting and Rocketship.

 

Insider's View on Entrepreneurism
Grow Utah Ventures and Zions Bank issued the first "State of Entrepreneurism" video in Utah Report. This video shares insights and advice from Utah's leading entrepreneurial experts, addressing the advantages and disadvantages of starting a business in Utah. The DVD was shared with leaders from various industries in the state. For a copy of the video, please contact info@growutahventures.com.

 

Alliance Helps Leaders Network
Entrepreneurial leaders from the northern Utah counties recently announced the formation of the North Front Entrepreneur Alliance — a formal networking initiative for entrepreneurs in northern Utah. Sponsored by the SEED Weber/Davis/Morgan Entrepreneurial Council, the Alliance will provide entrepreneurs in northern Utah with the opportunity to meet regularly, receive training and education, and to build the support system for entrepreneurial development. For more information on the Alliance, visit www.northfront.org.

 

Successful Southern Utah Concept to Company Contest
Utah's second Concept to Company Contest was successfully held in Southern Utah. Contest winners were announced in January. The contest, sponsored by Grow Utah Ventures, Zions Bank and USTAR is designed to provide recognition, services and a cash award to winning entries. The Southern Utah Concept to Company Contest focused on the 11-county region in the Southern part of the state with an emphasis on innovations that were technology based. The overall objective was to encourage the establishment and growth of entrepreneur led technology businesses in southern Utah.
Additional Concept to Company Contests are scheduled in the Salt Lake Valle, Utah Valley and Cache Valley regions throughout 2009. For more information on Concept to Company, visit www.launchutah.com.

 

Global Entrepreneur Week
The economy may be in the worst shape in 70 years, but no one would have noticed that in the South Towne Expo Center on Nov. 20. Twice as many people as expected crowded the building in Sandy for the first ever Global Entrepreneurship Week Utah! Entrepreneur Conference and Third Annual Utah Angel Summit.
The day-long event, "Unleashing Ideas: Igniting High-growth Entrepreneurship in Utah," was organized by a consortium of Utah-based venture capital and related companies and brought together a wide range of successful venture capitalists and business owners to explain the intricacies of starting, funding, marketing, growing, and profiting from new businesses. (Utah Pulse)

 

Latest Rankings From Kauffman
The 2008 State New Economy Index by the Kauffman Foundation once again ranks Utah 12th for moving its economy away from the old industrial "smokestack-chasing" model of the past to one based on technology, creativity and innovation, and ranked Utah 32nd for globalization, a measure of the extent to which the state's manufacturing and service workforce is employed producing goods and services for export and the share of the workforce employed by foreign-owned companies. The state is, however, making gains in export focus of manufacturing and services, moving from 36th in 2002 to 21st in 2008.

 

Launch - Spring 2009

 

 

For the full "digital magazine" version of Spring 2009, visit: www.nxtbook.com/nxtbooks/growutah/launch_2009spring/