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This week in The Enterprise
Monday, September 16, 2019
Trade war could have 'significant' Utah impact
By Brice Wallace It's the middle of Year 2 of what Joseph Brubaker calls "the never-ending hot topic." It's the U.S.-China trade conflict, chock full of multiple rounds of tariffs, delays in implementing those tariffs, escalations in the severity of the tariffs, uncertainty ...
Summit focuses on innovation to enhance rural Utah economy
Speakers and participants at what organizers touted as the longest-running rural development conference in the nation focused on "innovation through entrepreneurism and partnership" during the recent 2019 Utah Rural Summit in Cedar City. Utah politicians, business owners, educato...
Report: Utah is among leaders in clean energy
A new report indicates that Utah is among state leaders in seeing growth in renewable energy generation. The report, titled "Renewables on the Rise: A Decade of Progress toward a Clean Energy Future" and compiled by Frontier Group and Environment America Research & Policy Cen...
Herald Journal dumps home delivery, goes 3 days
Citing a "changing media landscape" and continued losses in circulation and advertising revenues, the Herald Journal newspaper in Logan has reduced its print edition to three days a week and is dropping home delivery. In place of its Tuesday-through-Saturday publishing schedule, ...
Local equity company buys California health firm
Salt Lake City-based Cimarron Healthcare Capital (CHC) has acquired a majority equity position in Infusion Management, a management services organization (MSO) that owns infusion therapy company Infusion for Health. Located in Thousand Oaks, California, Infusion for Health treats...
Park City's Brydge buys Virginia-based Henge Docks
Brydge, a Park City-based manufacturer and marketer of tablet keyboards, has announced that it has acquired Henge Docks. Founded in 2009 and based in Arlington, Virginia, Henge Docks makes docking devices for Apple Mac products."Brydge has built a strong foundation through the cr...
Fintech company Brex to open in Salt Lake area with up to 1,000 new jobs
By Brice Wallace A relatively new financial technology company will expand in Utah, bringing up to 1,000 jobs over the next seven years. Brex, a company that provides corporate credit cards for young companies, made the announcement last week after being approved for a tax credi...
UofU enrolls first MBC class of entrepreneurs
A nine-month course at the University of Utah designed to help entrepreneurs launch and scale a new company has its first class. The Master of Business Creation (MBC) program at the David Eccles School of Business' Lassonde Entrepreneur Institute enrolled 26 founders from 20 comp...
MarketStar acquires Dublin's Product2Market sales firm
MarketStar, a Wasatch Group company based in Ogden, has acquired Product2Market, a Dublin, Ireland, inside sales and sales development company. MarketStar said it expects the acquisition to pair the two sales acceleration companies to form the global leader in outsourced sales so...
Succeeding in Your Business: Registering your nonprofit for tax-exempt status the easy way: Part 2
By Cliff Ennico In July 2014, the IRS adopted Form 1023-EZ, a simplified application process for nonprofit organizations that wish to obtain tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. Your organization is not eligible to use Form 1023-EZ if:
CORPORATE FINANCIAL REPORTS 9-16-19
The following are recent financial reports as posted by selected Utah corporations: Sportsman's Warehouse Sportsman's Warehouse Holdings Inc., based in Midvale, reported net income of $5.5 million, or 13 cents per share, for the quarter ended Aug. 3. That compares with $6.6 ...
Real Estate
Silicon Slopes may be king of the Utah technology community, but Salt Lake City has plenty to attract tech companies and their employees
By Brice Wallace Silicon Slopes - considered by many to straddle the Utah County/Salt Lake County line - is considered Utah's technology hub. But a real estate economist recently told a crowd in Salt Lake City that the city has plenty of attributes needed to attract tech compani...
Utah Tech is booming and (by the way) creating real estate investing opportunities
By Kathleen McMillan As anyone who has lived in the state for more than five years can attest, the Wasatch Front is transforming into a tech hub. Just drive south on I-15 and take a look at all the office development that has taken place in what is now dubbed "Silicon Slopes." Ne...
Hot real estate market + cool technology = some great selling tools
By Bahar Ferguson Real estate has not only rebounded over the past few years, it has soared to new heights. The absurdly hot real estate market has resulted in tech companies launching endless applications in an attempt to keep up with demand. Like most other technological applic...
Salt Lake-area multifamily real estate market continues along at record-setting pace
The Salt Lake City office of CBRE commercial real estate has released its semi-annual "Greater Salt Lake Area Multifamily Market Report," offering detailed insight into the multifamily market along the Wasatch Front. Encompassing data from the first half of 2019, the re...
Commercial real estate still strong in all sectors
UTAH MID-YEAR MARKET REPORT The Wasatch Front commercial real estate market continued its strong performance with high transaction dollar volume and construction activity, historically low vacancies and strong positive net absorption, according to the 2019 Utah Mid-Year Market Re...
Calendar Highlights
Calendar listings are provided as a free service to our readers. Information about upcoming events may be sent to brice@slenterprise.com. The submission deadline is one week before publication. See the full calendar.
Small Business Development Center (SBDC) Clinics - September 18
Including "QuickBooks" and "Tax Planning," 5:30-6:30 p.m.; and "Simple Steps: Financing," 6:30-8:30 p.m. Location is the Orem/Provo SBDC, Utah Valley University, 815 W. 1250 S., Orem. Details are at https://clients.utahsbdc.org/events.aspx.
2019 Fall Business Conference - September 18
A ChamberWest event featuring two keynote presenters, nine breakout sessions, exhibitor tables and more. Location is Utah Cultural Celebration Center, 1355 W. 3100 S., West Valley City. Cost is $99 for early-bird ChamberWest members (through Aug. 30) and $125 thereafter, $125 for nonmembers. Details are at chamberwest.com.
Salt Lake Chamber Annual Meeting - October 2
Location is Salt Lake Marriott Downtown at City Creek, 75 S. West Temple, Salt Lake City. Cost is $65 for members, $75 for nonmembers. Details are at slchamber.com.
Executive Summit - October 4
A Utah Valley Chamber event featuring more than 20 speakers. Location is Sundance Resort, Rehearsal Hall, 8841 N. Alpine Loop Road, Sundance. Cost is $295 for members, $350 for nonmembers. Details are at thechamber.org.
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