I was amazed at the presentation I heard of Alan Hall at UVEF. Here are some highlights:
- At MarketStar, they figured out a way to get products to market
- The vision of Grow Utah Ventures (GUV) is to be the most powerful private entity for economic growth in the state of Utah
- GUV has a goal to invest in 100 companies in the first 5 years, and they are at about 50 right now
- They use 3 pillars to accomplish their goals – conditioning, financing, and rallying
- Average investment is around 200K
One of the exciting projects that Alan is involved with is Mercanto Partners, this venture fund that really finds the next homerun companies worldwide. If you weren’t there, you really missed a great presentation by Alan Hall at UVEF. I am excited for the Estation open house coming up soon, September 26, 2006 at the Davis Applied Technology Campus from 4-6 or so.