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Startup Ogden, along with the Governor’s Office of Economic Development (GOED), announced that Startup Ogden will receive funding to complete its three-story technology hub located in downtown Ogden.
This one-time $100,000 GOED economic opportunity grant will be added to more than $2 million in funding provided by Weber State University, Ogden City and a federal Economic Development Administration (EDA) grant. Startup Ogden’s association with Weber State University will help the organization bring more startup companies to Utah and will provide technology training opportunities for Utah residents. As part of Startup Ogden, residents will also have access to a bookstore, co-working space, mentorship and classroom for training people who work in the technology sector.
Along with the training that will be offered to Utah residents, Startup Ogden is offering 12-week startup programs that will incentivize technology companies to relocate to Ogden. These companies will each receive mentorship, professional services, and up to $50,000 in repayable grants. With the companies serving as anchor tenants, the Startup Ogden building will serve as a focal point of downtown Ogden’s growing tech community.
“Industrial Assistance Fund (IAF) grants like this are long-term investments in our State’s well-being. This grant is a small piece of a larger puzzle that will help Utah thrive for years to come,” GOED executive director Spencer Eccles said.
Startup Ogden predicts that they will train 50 plus entrepreneurs per year via Weber State continuing education classes, and industry taught short courses on cutting edge topics such as node.js, Xcode, and Ruby on Rails. These training events will create a more skilled workforce and will help entice companies to grow in Utah.