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SEED Utah Projects

SEED Utah stands for “Stimulating the Expansion of Entrepreneur Development. It was a program sponsored by Grow Utah and Zions Bank that provided matching funds to any community in Utah on the condition that they made entrepreneurial development a community priority.

During the program, SEED offered roughly $1 for every $2 that county governments invested in entrepreneurial development, along with the expertise of Grow Utah Ventures advisers in helping companies get off the ground.

In many cases, the communities involved in the SEED program came to recognize their unique strengths and capabilities to foster entrepreneurism. Grow Utah led a community wide strategic planning project with region leaders and provided its expertise on what they could do to grow businesses in their area.

The grant money came in two phases. The first round was used to develop a strategy for fostering entrepreneurism and stimulating business growth, followed by additional funding for implementing specific programs and efforts at the county level.

The overall objective of SEED Utah was to transform the geographic regions of Utah into energetic seedbeds of entrepreneurism and business creation. All this was done to expand and develop local communities’ regional economy.

SEED Utah participated with community leaders from across the state to focus their combined energies and resources on stimulating the expansion of entrepreneurism within communities. This reflected the belief that the backbone of Utah’s economy has been and will continue to be, the high growth businesses created by Utah’s entrepreneurial talent.

To keep the momentum of the individual SEED programs going, Industry Acceleration Councils have been set up to take over the work after SEED was implemented by Grow Utah. These councils are made up of a group of entrepreneur leaders who are committed to follow the SEED road map left in place and to continue to help it grow.

Cities and counties are spending millions of dollars to attract large businesses from outside the state of Utah. Our goal with the SEED program is to partner with local communities to educate and help them catch the vision that there is enough local talent to create and grow global businesses. Economic development at the county level is not coordinated and organized as much as it should be, and this is our attempt to do that.
Alan Hall Founder, Grow Utah

Please click below to learn more about individual SEED programs that have been implemented and to download the final report:

SEED Weber/Davis/Morgan collaborated with Weber State University and Grow Utah to develop strategies that aimed to bring in new businesses and cultivate existing start-ups by providing resources, capital and collaboration.

One of the main goals identified by the report is to attract people who currently commute outside the Weber/Davis/Morgan areas to stick around and start their own businesses within the WDM area by creating an atmosphere that is ripe for entrepreneurship by offering support, funding and business resources to these target individuals.

Grow Utah and SEED Weber Davis Morgan also created the North Front Entrepreneur Alliance, a networking association for entrepreneurs to meet others, get advice, and recognize accomplishments.

Download Final Report

SEED Cache Valley is a joint commitment by key public entities within Cache Valley County that partnered through an inter-local cooperative agreement to make entrepreneurial development a priority and foster the creation of businesses within the county.

“These are exciting times for entrepreneurism in Cache Valley,” said Sandra Emile, Executive Director of the Cache Chamber and one of the key leaders in SEED Cache Valley. “The enthusiasm and support for SEED Cache Valley has united us across all fronts- business, academic and civic. We know this program will complement our overall economic development efforts in years to come.”

The result of SEED Cache Valley is a plan that capitalizes on Cache Valley’s unique ability to foster talented entrepreneurs with innovations that are ripe for commercialization. The final objective is to create within the community growth and high growth entrepreneur led businesses that will provide new jobs at higher wages.

Download Press Release

Through an initiative sponsored by Grow Utah, the SEED Dixie project has established a strategic direction for Washington County and the surrounding region for fostering entrepreneurial development and the creation of growth and high growth businesses. The overall objective is to strengthen the regional economy by creating a diversified economy.

Seed Dixie targets new or existing companies with potential for providing high wages and sustained growth in a national or global market. The initiative is an investment in the future of Washington County entrepreneurs. SEED Dixie and its partners focus on four main points, or pillars: entrepreneurial talent, business opportunity, funding, and support infrastructure.

Download Final Report

The SEED Uintah Basin Project strategy was a collective effort across the Uintah Basin area to achieve the following specific goals:

  • Increase general support for entrepreneurism
  • Increase entrepreneurial development support resources
  • Foster entrepreneurial talent in students as young as high school age
  • Improve the skills and abilities of entrepreneurial talent
  • Develop and capitalize on ideas, technology and research
  • Increase local funding resources for entrepreneurs
  • Increase supplemental and outside funding resources

The SEED Uintah Basin strategies combine with the creation of the recently completed Bingham Entrepreneurship and Energy Research Center to accelerate momentum towards expanding the regional economy through innovation.

Download Final Report

 

VIDEOS

SEED Weber-Davis Morgan Entrepreneur Roadmap (Full Version)

SEED Weber-Davis Morgan Entrepreneur Roadmap (Summary Version)

SEED Weber-Davis-Morgan Workgroup Session Highlights