The state of Utah has launched the Startup State Initiative to support and encourage entrepreneurs in starting their businesses, regardless of their location. Whether they are located in rural areas or urban areas like the Wasatch Front, the program aims to assist individuals in achieving their dreams of business ownership. Ryan Stark, the executive director of the Governor’s Office of Economic Opportunity, emphasizes that starting a company is a viable option for anyone in Utah.
Utah has been ranked as the best state in the nation to start a business, thanks to its low taxes, access to capital and well-developed business ecosystem. With over 300,000 small businesses currently operating in the state and employing half of Utah’s workforce, it is clear that entrepreneurship is an important part of the state’s economy. The Startup State Initiative provides resources and guidance in areas such as market research, business planning and networking with community partners.
Those interested in starting a business and seeking assistance from the state can visit the Startup State Initiative website for more information on how to get started. By offering support and resources, this program aims to contribute to continued prosperity and growth of Utah as a business-friendly state. Share your story ideas or tips with KSL NewsRadio team to stay informed about entrepreneurial opportunities in Utah.