North
Logan considers business development proposal
By Bethany
Crane
March 31, 2008 | NORTH LOGAN -- A proposal was made
recently by Craig Bott, CEO of Grow Utah Ventures, to
encourage young businesses and entrepreneurs to grow
specifically in Cache Valley.
The number of businesses leaving Cache Valley instead
of being given room to grow has been going on at an
alarming rate, he said, and this program would help
keep businesses here. The ultimate goal is to expand
entrepreneurial development across Utah.
The specific program for Cache Valley is called SEED
Cache Valley. When concerned about development in cities
the allowance for entrepreneurs to create their own
businesses is "an element that is often overlooked."
said Bott.
This program would be a facilitating device to help
young businesses grown and encourage others to begin
their own businesses. The retention aspect of the businesses
would be the main focus. Some solutions that would be
provided are grants, direction for each region, networking
and assistance, funding, and encouraging the community
as a whole.
Stan Albrecht, president of Utah State University,
is one such supporter of this program. A conference
will be held at USU on April 8th to further discuss
the proposal. The hope is to also create committees
that would individually address the needs of businesses
and provide support and funding to promote Cache Valley
specifically.
NW
MS |