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The Utah Legislature has expanded from $100 million to $300 million the Utah Fund of Funds, a major economic development program created by the Utah Legislature to provide the state's entrepreneurs with access to a broad array of quality funding sources.
This is a tremendous victory, not only for the Fund of Funds program, but also for the state's growth companies and entrepreneurial economy," said Jeremy Neilson, managing director of the Utah Fund of Funds. "Entrepreneurship is consistently the greatest accelerator of economic growth in Utah, and it is fitting that entrepreneurs played a key role in ensuring passage of this legislation."
Neilson credited strong support from Utah's entrepreneurs - together with strong leadership from Senate sponsor Scott Jenkins, House sponsor David Clark, Senate President John Valentine, Senate Majority Leader Curt Bramble and House Speaker Greg Curtis - for ensuring the program's...