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DIVIDENDS
• The board of directors of Extra Space Storage Inc., Salt Lake City, has declared a third quarter 2022 dividend of $1.50 per share on the common stock of the company. The dividend is payable Sept. 30 to stockholders of record Sept. 15. Extra Space Storage is a real estate investment trust that owns and/or operates 2,177 self-storage properties. It is the second-largest owner and/or operator of self-storage properties in the United States and is the largest self-storage management company in the U.S.
ECONOMIC DEVELOPMENT
• The Economic Development Corporation of Utah has promoted Stephanie Pack and Katherine Morell-Moser and hired Gerritt Vander Linden and Erika Dean. Pack and Morell-Moser have become senior business development managers. Pack manages corporate recruitment, retention and expansion projects within the manufacturing and industrial production industry. She leads industry initiatives within energy and outdoor products throughout Utah and has developed a professional emphasis in water and utility infrastructure. In her expanded role, she will help EDCUtah improve its internal business development processes and technology. Morrell-Moser manages corporate expansion and recruitment projects in the energy, data center, heavy industrial and agriculture industries. Before joining the business development team, she developed and ran Site Ready Utah, a statewide land certification program, and supported Utah communities’ economic development goals in EDCUtah’s Community Strategy department. In her new role, she will also collaborate with Elvon Farrell on community strategy initiatives and help guide the direction of the program. Vander Linden is EDCUtah’s business development analyst. He joined EDCUtah earlier this year for an internship focused on supporting the executive team and the Center for Economic Opportunity & Belonging. Prior to his time at EDCUtah, he spent a semester as a writing and research intern at the World Trade Association of Utah. Also, Dean has joined EDCUtah as the executive assistant and office manager. Dean has 15 years of experience managing diverse office environments, from an industrial equipment manufacturer to a financial services firm.
ECONOMIC INDICATORS
• Salt Lake City is ranked No. 33 on a list of “2022’s Cities with the Best Residential Views,” compiled by Lawn Love. It considered the number of home listings featuring views of mountains, water, city skylines and parks, as well as clean air. The top-ranked city is Honolulu. The No. 200 city is Glendale, Arizona. Details are at https://lawnlove.com/blog/cities-with-best-residential-views/.
EDUCATION/TRAINING
• Salt Lake Community College has extended the deadline until Aug. 31 for people to apply for its Executive Certificate of Global Business Management class. The 10-week course is Sept. 14-Nov. 16, Wednesdays from 5:30 p.m. to 8:30 p.m., at 9690 S. 300 W., Sandy. The cost is $995, with a discount available for multiple registrants from same company. Companies may also qualify for 40 percent off using the Utah Custom Fit Training program. Details are available at Venita.Ross@slcc.edu.
• Grow Utah is accepting applications for the 2022 fall cohort of RAMP, an eight-week, product-focused startup accelerator program. RAMP assists innovators through each stage of the lean startup process by conducting weekly training sessions, supplemented by online learning modules and one-on-one consultation with industry mentors. RAMP also provides access to labs and technical equipment for product prototyping and materials testing. The cohort is scheduled for Sept. 22-Nov. 10. Details are at https://form.typeform.com/to/rHsKGb.
• Joyce University of Nursing and Health Sciences, a Draper-based institution formerly known as Ameritech College, has expanded its Occupational Therapy Assistant Associate of Science Program. The expansion permits students from Arizona, Colorado, Nevada, Idaho, Montana, Oregon, Washington and Texas to receive their OTA degree from Joyce. The accredited program requires no prerequisites, provides a flexible format for local and distance learners, and prepares graduates to take the National Board for Certification in Occupational Therapy upon completion of the program. Joyce launched the program in 2016. The expansion accommodates distance education students with the majority of course work done synchronously online through virtual classrooms. In-person labs occur during the second, third and fourth semesters and take place in Draper.
ENERGY
• Lumio, a Lehi-based personalized renewable energy company, has hired Carine Clark as chief innovation officer. Clark is a three-time president and CEO of high-growth tech companies: Allegiance, MaritzCX and Banyan. Clark also is chair of the board of the Governor’s Office of Economic Opportunity for Utah, executive chairman of Domo, board director of Serial1 and a board member for Silicon Slopes and Nelnet Bank.
GOVERNMENT
• The Salt Lake County Council has approved eight members of the Salt Lake County Housing Trust Fund Advisory Board to oversee the program. They are Jeff Davis, architect, MSR Architecture; Matt Dahl, Midvale city manager; Claudia O’Grady, vice president of multi-family Finance, Utah Housing Corp.; Dejan Eskic, senior housing research economist, Kem C. Gardner Policy Institute; Michael Maloy, planning director, Herriman City; Stephanie White, CRA compliance officer, Comenity Bank; Karen Stone, Housing Connect Resident Advisory Board; and Susie Petheram, senior planner, FFKR Architects. A total of $20 million in affordable housing is being made possible through the American Rescue Plan Act. The $20 million will be distributed in the form of grants to community housing organizations, nonprofit housing providers, municipalities and private developers. Projects funded and units constructed with the affordable housing funds will help Salt Lake County residents at or below 80 percent of area median income to afford homes.
HEALTHCARE
• The American Lung Association in Utah is accepting grant applications from innovative researchers in the state for its 2023-2024 awards and grants funding designed to improve prevention, detection and treatment options for all lung diseases, including lung cancer. Among currently available research funding opportunities are the COVID-19 & Respiratory Virus Research Award, $100,000 per year for up to two years; Lung Cancer Discovery Award, $100,000 per year for up to two years; Allergic Respiratory Diseases Award, $75,000 per year for up to two years; Innovation Award, $75,000 per year for up to two years; Catalyst Award, $50,000 per year for up to two years; Public Policy Research Award, $50,000 per year for up to two years; and Dalsemer Award, $50,000 per year for up to two years. Details are at Lung.org/awards.
INVESTMENTS
• IsoTalent, Lehi, has closed a $5 million seed round co-led by Crocker Ventures and Ad Ventures, and included Sweater Ventures and several angel investors. The company will use the funding to expand its global hiring marketplace: on-demand recruiter services, an international hiring division (IsoGlobal) and a free applicant tracking system (IsoConnect ATS).
• Dimension X Inc., Salt Lake City, has closed its pre-seed funding round of $600,000. Startup Ignition Ventures, a new pre-seed fund in Utah, filled the entire round. Dimension X is creating a metaverse creator platform for people to train, educate, design, simulate, entertain and market. The new funding will be used to hire developers, designers and product strategists; develop the metaverse creator platform; and gather, train and support the metaverse creators community.
• Trive Capital, a Dallas-based private equity firm, has announced an investment in Wilson Electronics, based in Salt Lake City and with a manufacturing facility in St. George and a research and development facility in Dallas. Financial terms were not disclosed. Wilson is a wireless connectivity solutions provider offering cellular repeaters with commercial, consumer and carrier applications. Moelis & Co. acted as exclusive financial advisor to Wilson Electronics. Haynes & Boone LLP served as legal counsel to Trive Capital.
NONPROFITS
• YCC Family Crisis Center, Ogden, has announced it will break ground in January on a 14-unit apartment building located on the southwest corner of its property just off of 23rd Street. YCC will demolish the 85-year-old apartment building, thrift store and warehouse in order to make room for the apartments. Wadman Corp. will lead the development of the project, designed by Bellgique Architects, with a projected open date of early 2024. Tenants in the building will be able to live there for up to two years as they prepare to become fully self-sufficient. YCC will provide ongoing case management, and tenants will have access to classes, therapy, support groups, child care and parenting classes.
• Social services organization The Salvation Army has announced the appointment of Capt. James Combs and Lt. Kate Combs as new corps officers in Salt Lake City. James Combs has been engaged with The Salvation Army since 2013. He served as a corps officer and business officer before coming to Utah. He previously was a youth program coordinator in Arizona. Kate Combs, a native of London, England, has served The Salvation Army in Pasadena, California; Washington, D.C.; Virginia and Texas. She previously was a teaching assistant at the University of Iowa and Penn State University.
• Future Scholars of Africa, a Utah-based nonprofit organization, will be holding the annual African Leadership Summit on Sept. 24 at the University of Utah law school. The event is organized for students of African descent aged 16-25 and is designed to offer students concrete leadership tools to use in their communities. Workshops will include personal finance, LinkedIn, resume creation, transferable work skills, starting a business, confidence development, and goal-setting. Future Scholars of Africa is accepting sponsorships for the event. Details are at https://fsautah.org/.
• Voterise, a nonprofit vote registration group, has ceased operations after six years. Founders Elsa and Dick Gary have joined the League of Women Voters, a nonpartisan nonprofit that provides nonpartisan voter information to Utahns.
PARTNERSHIPS
• Banner Ventures, Salt Lake City, has announced a partnership with Draper-based Zerorez Franchising Systems Inc. and several of Zerorez’s franchisee partners, including those in Salt Lake City and nine other cities. Zerorez was founded in 2003 as a natural alternative to traditional chemical-based carpet cleaning and has become a residential and commercial services franchisor in the United States. It has 70 locations. Banner said the current Zerorez management group and the acquired franchisees retain a meaningful ownership stake in Zerorez and Shawn Moon will continue to serve as chairman and CEO during the next phase of expansion. Financial terms were not disclosed. Financing for the transaction was provided by KeyBank and McGuireWoods advised Banner Ventures on the deal. Zerorez was advised by Kirton McConkie. In connection with the closing of the transaction, Zerorez appointed Jon Laudie as chief financial officer. Prior to joining Zerorez, Laudie served in financial leadership roles for publicly traded and private equity-backed companies, including 1-800-Contacts, Lucid Software, Ancestry.com and Netflix.
PHILANTHROPY
• Parker Migliorini International (PMI Foods), Salt Lake City, is partnering with CityServe to get life-sustaining protein to the most vulnerable in Ukraine who have been displaced by the war. PMI Foods’ first delivery of food to CityServe’s warehouse included 32,400 cans of shelf-stable food that will go directly to assist those suffering in Ukraine. Darin Parker, president of PMI Foods, has called on its global suppliers in more than 50 countries to join with PMI to meet its goal of delivering 5 million meals to displaced Ukrainian refugees by 2023. PMI has more than 25 years of global supply chain experience operating in 19 locations across six continents.
REAL ESTATE
• King Development is seeking cleanup and zoning approvals for nine new homes on the Alice Claim, a historic mining property on nine acres at the top of Old Town, Park City, below the Silver King Mine. King purchased the brownfield property in 2005 and began conducting a voluntary cleanup in 2008 to remove contaminated soils and surface waters. The Utah Department of Environmental Quality has issued to King a certificate of completion for the cleanup. King plans to close its first lot sale in the next few weeks. King’s legal team is Dentons.
RECOGNITIONS
• Recursion, a Salt Lake City-based clinical-stage biotechnology company, recently received a “Prime Rating” for ESG performance from Institutional Shareholder Services (ISS), marking the first time Recursion has been ranked by ISS. The ISS ESG Corporate Rating provides an assessment of a company’s environmental, social and governance activity. A Prime Rating is awarded to companies with ESG performance above a sector-specific threshold and is defined by ISS as “absolute best in class.”
• An elementary school in Phoenix has been named the recipient of the inaugural USANA Choice Award for outstanding project. USANA is a Salt Lake City-based nutritional products company. Heard Elementary School earned the award, presented as part of nonprofit HealthCorps’ Project Health Showcase. As part of Project Health, tweens and teens across the country worked to identify health issues, research and model ideas and then developed workable solutions that they would put into action in their communities. Twenty-eight 28 teams advanced to the final presentation phase. USANA is a long-time partner of HealthCorps and the national sponsor of Project Health. Heard students created a project to address the school community’s two most pressing issues, food security and nutrition education, with the solution being a school garden.
RESTAURANTS
• Via 313, offering Detroit-style pizza, this fall will open its third area location at 13222 S. Tree Sparrow Drive, Suite R180, Riverton, in the Mountain View Village shopping center. It will be the fourth Via 313 in Utah and the 12th systemwide. The 3,466-square-foot Riverton location will have 100 staff members.
SCHOLARSHIPS
• Fox Pest Control, a Logan-based provider for residential pest control remediation and prevention services, has named Angelina Amato as the recipient of the company’s $2,000 namesake scholarship, which recognizes and rewards exceptional students making a difference in their community. Amato is a student at Mount Holyoke College. In her application, she shared her personal experience with a disability that led her to create a nonprofit to ease access to educational resources for military kids with special needs. The scholarship team also awarded a $1,000 scholarship to Eniola Ayo-Gbenjo for her development of free, virtual dance classes for kids in underserved communities.
TECHNOLOGY
• GuideCX, a Lehi-based company offering client onboarding and project management software, has appointed Peter Basile as chief marketing officer. Basile will manage the global brand both on the corporate and product level, as well as managing revenue marketing, coordinating communications and driving digital marketing. Basile has over 20 years of experience in sales and marketing roles, most recently leading global marketing efforts for Threat Stack to a successful acquisition by F5 as part of its cybersecurity practice. He also led global marketing efforts at Tempo Software, Applause, Salary.com and Lionbridge’s Global Software Products division.
• Entrata, a Lehi-based company offering an operating system for the multifamily industry, has hired Scott Allan as senior vice president of sales. Allan previously held marketing and sales leadership positions at several of the property technology industry’s largest companies, including RealPage, Yardi and G5. He most recently served as the chief growth officer of REPLI.
• Nav Technologies, a Salt Lake City-based company offering a financial health platform for small businesses, has hired Gian Perrone as vice president of engineering. Perrone most recently worked at Square, serving as an engineering lead at Square Banking. He also is a former small-business owner himself, having previously launched Inscriptive, a platform for data discovery. Prior to Square, he was a web developer at The Folio Society and a research programmer at the University of Waikato in New Zealand.
• Qualtrics, a Provo-based company focused on experience management, has named Robin Manherz to its board of directors. She replaces retiring member DJ Paoni. Manherz is chief operating officer for customer success at SAP. She has served in several leadership positions at SAP since she joined the company in 2007, contributing to investment strategy, portfolio planning, finance and sales operations, among other areas. She previously held professional and leadership positions at JDEdwards and QAD.