Your Business Breakthrough Starts Here: Garage to Great
From mastering marketing on a budget to securing capital, managing your time effectively, building a strong online presence, and harnessing the power of mentorship—this program offers a comprehensive suite of resources, workshops, and connections designed to help you grow your business with confidence and clarity. Join us as we empower your journey from startup to success! The Garage to Great Launchpad delivers the strategies and opportunities you need to transform your business from a home-based idea into a thriving enterprise.
1.Goldman Sachs Launches $100M Program to Empower Rural Utah Small Businesses:
Big Boost for Rural Utah: Goldman Sachs Brings $100M Small Business Program to the State:
We’re excited to share that Goldman Sachs has extended its $100 million initiative for rural small businesses—and Utah is now part of this game-changing program.
This expansion of the One Million Black Women: Black in Business and 10,000 Small Businesses programs aims to strengthen local economies by providing rural entrepreneurs with access to critical capital, business education, and support services. The funding is designed to help small businesses grow, create jobs, and revitalize rural communities across the U.S.
Why this matters for Utah:
- Utah is one of six new states added to this initiative.
- Rural entrepreneurs will gain access to low-interest loans, coaching, and training through Goldman Sachs’ network of partners, including local community development financial institutions (CDFIs).
- This move underscores the strength and resilience of Utah’s rural economy and the importance of empowering small business owners outside major metropolitan areas.
A Win for Rural Entrepreneurs:
Whether you're launching a new venture or looking to expand an existing business, this program offers a unique opportunity to secure funding and resources that can make a lasting difference.
We’ll continue to follow this initiative and share updates as more details become available on how Utah business owners can apply.
2.Grant Programs to Support and Strengthen Utah Businesses
Looking to grow your business in Utah? The Governor’s Office of Economic Opportunity (GOEO) offers a variety of grant programs designed to support local businesses at every stage—whether you're expanding, innovating, hiring, or navigating new challenges.
Through these state-funded initiatives, Utah-based businesses can access financial support, specialized programs, and valuable resources that help boost success, strengthen operations, and promote long-term growth.
What You’ll Find:
- Grants for rural business expansion
- Support for women, minority, and veteran-owned businesses
- Incentives for technology innovation and workforce development
- Resources for international trade, manufacturing, and more
Whether you're launching a new product, hiring local talent, or scaling your operations, these grants are a powerful way to invest in your business's future.
Don’t miss out on the support that’s available right in your own backyard. These programs are here to help you take the next step with confidence.
Explore the possibilities, apply for funding, and connect with a network ready to champion your growth.
Now is the time to fuel your growth and build a stronger Utah business community.
3. Utah Small Business Credit Initiative (USBCI)
Looking to grow your small business in Utah? The Utah Small Business Credit Initiative (USBCI) offers a range of financial tools and resources designed to support entrepreneurs and small businesses across the state.
Key Features:
- Financial Support: Access to capital through various programs tailored to meet the needs of Utah's small business community.
- Technical Assistance: Guidance and support to help businesses navigate challenges and seize growth opportunities.
- Community Impact: Aimed at fostering economic development and stability within Utah's diverse communities.
Important Dates:
- Application Deadline: The next application window is open from August 1–15, 2025.
Funding Amount:
- Eligible businesses can apply for funding amounts that vary based on the specific program and business needs. Detailed information on funding limits and eligibility criteria can be found on the official USBCI website.
How to Apply:
- Visit the official page for comprehensive information on application procedures, eligibility requirements, and program details. Don't miss this opportunity to secure the resources your business needs to thrive.
