May 1, 2024 7:10 pm
New Startup State Initiative aims to support Utah’s small businesses

The Startup State Initiative in Utah is a program that supports and encourages entrepreneurs to start their businesses, regardless of where they are located within the state. Whether it’s in rural Utah or the urban areas of the Wasatch Front, the initiative aims to help individuals achieve their dreams of business ownership. As Ryan Stark, the executive director of the Governor’s Office of Economic Opportunity, emphasizes, starting a company is a viable option for anyone in Utah.

With over 300,000 small businesses currently operating in the state and employing half of Utah’s workforce, entrepreneurship is clearly important in the state. In fact, Utah has been ranked as the best state in the nation to start a business due to factors such as low taxes, access to capital, and a well-developed business ecosystem. The Startup State Initiative provides support in areas such as market research, business planning, and networking with community partners.

Individuals interested in starting a business and seeking assistance from the state can visit the Startup State Initiative website for more information. By offering resources and guidance, the program aims to contribute to the continued prosperity and growth of Utah as a business-friendly state. If you have any story ideas or tips about entrepreneurial opportunities in Utah, please share them with our KSL NewsRadio team so we can keep you informed.

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