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New Initiative by Startup State Aims to Support Small Businesses in Utah

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Apr 18, 2024

The Startup State Initiative in Utah aims to support and encourage entrepreneurs in starting their own businesses. Whether individuals reside in rural areas or the urban centers like the Wasatch Front, this program is designed to assist them in achieving their dream of becoming business owners. The Executive Director of the Governor’s Office of Economic Opportunity, Ryan Stark, mentioned that starting a company is possible in any part of Utah.

Utah currently has over 300,000 small businesses, employing approximately half of the state’s workforce. The state has been recognized as the best in the nation to start a business, thanks to factors such as low taxes, access to capital, and a well-developed business ecosystem. The Startup State Initiative offers support in market research, business plan creation, networking with community partners, and more. Those interested in receiving help from the state can access the program’s website for more information.

To share your story ideas or tips with the KSL NewsRadio team, feel free to reach out to them. The state of Utah is committed to fostering an environment where entrepreneurs thrive and contribute to the overall prosperity of the community. Whether in rural or urban areas, individuals are encouraged to take advantage of the resources and support available through the Startup State Initiative to start and grow their businesses.

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