March 19, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah


Martin Plaehn

Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

In the Lab

Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

A Breath of Fresh Air

Worst-Case Scenario

Regional Report
Northern Utah

Measure Up

Industry Outlook
Travel & Tourism



Utah Puts $4 million into Seed Fund Investments

Press Release

March 19, 2013

Three state entities have collaborated to allocate $4 million in State Small Business Credit Initiative stimulus funds in seed or early-stage venture funds that will invest in Utah companies.

The Utah Governor’s Office of Economic Development (GOED), the Governor’s Economic Council and the Utah Small Business Growth Initiative (USBGI) collaborated on the allocation.

USBGI has been selected to administer these funds on behalf of the state. USBGI is led by Mike Plaizier, who is also the executive director of Utah Center for Affordable Housing.

“This new program will be a welcome addition to the financing options available to small businesses in Utah,” said Spencer Eccles, executive director of GOED. “Equity investing, through managed fund partners, provides a new option where Utah’s robust entrepreneurial ecosystem can be supported.”

The state may also make direct investments in early-stage companies who may receive funds directly from Utah small business investors.


Utah Business Social
UB Events View All
Best Companies to Work For 2015Utah Business Event
Dec 10, 2015
Utah Business magazine is thrilled to announce the 2015 Best Companies to Work for Event! This y...
Community Events View All
Empowering Self and Others: Become and Awakener
Dec 1, 2015
Uncover the secrets of empowerment. Whether you are a parent, a teacher or a Coach, you’ll find ...
Secrets to Financing your Business
Dec 1, 2015
Register:  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
* Event Description: