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Incubator BoomStartup Unleashes Its First Class of Utah Startups

Startup incubators continue to spread across the country, and one of the latest is BoomStartup http://www.boomstartup.com/ , a Utah-based organization that’s graduating its first class of entrepreneurs next week.

If you’re a San Francisco/Silicon Valley snob like me, Utah might not seem like a great place for an incubator. Sure, you can find companies in that area, but are there enough for an annual batch of startups? Cofounder Robb Kunz said there are — in fact, BoomStartup were about 150 applications. And of the 10 chosen companies, two have already received term sheets from investors, he said.

“I always saw the Utah is a little bit undiscovered,” Kunz said. “But there are some historical names here, like WordPerfect and Omniture.”

By ANTHONY HA of VentureBeat

Full Story: http://www.nytimes.com/external/venturebeat/2010/09/02/02venturebeat-incubator-boomstartup-unleashes-its-first-cl-71397.html?partner=rss&emc=rss

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