Read more stories about
Utah Economic Development >>

MATR Sponsor:


MATR Supporters:

Utah grants aid startup firms through 'valley of death' period

November 14, 2017View for printing

For startup companies, the difference between success and failure may be simple to identify -- generating the capital needed to keep the lights on while developing a product for market.

But finding that funding is often tenuous and challenging.

"There's this 'valley of death' when you're trying to raise money and go to market," according to Clark Cahoon, fund manager for Utah's Technology Commercialization and Innovation Program http://business.utah.gov/programs/tcip/ "We hope to bridge that gap."

The program run through the Governor's Office of Economic Development has $2.5 million available this year for competitive grants to small businesses and university teams to help fast-track commercialization of technology innovations.

By Jasen Lee @JasenLee1

https://www.deseretnews.com/article/9 ... period.html
No reader comments so far. Be the first to comment by clicking the button below.





Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.


E-mail this page to a friend!