2009 Annual Report

Page 27

Business Resource Centers: Entrepreneurial Development

U

tah’s State Legislature provided for the establishment of Business Resource Centers (BRC) through the Utah Business Resource Centers Act. BRC’s are established by the Governor’s Office of Economic Development (GOED) in partnership with state public institutions of higher education. They provide private sector businesses with one-stop technical assistance, as well as, access to statewide resources and programs. Each center accommodates the local character of the communities they serve with partners from federal, state, local, and public or private business service providers.

The goal of a BRC is to assist Utah companies with services that will allow new and existing businesses to grow. There are numerous business service providers funded at the federal, state and local levels, and they are very valuable and helpful to businesses across the state, however, not all businesses are aware of their existence or how to access the assistance. BRC’s provide coordination of these services from business support, education, tracking of clients, access to sources of funding, training, technical expertise, talent, to networking for new and existing businesses. Each BRC services a self-defined local area, but have the ability to reach across the entire State to ensure needs of client businesses are met. Each of the Business Resource Centers are partnered with various service providers at the local level to enable the BRC to efficiently and effectively help Utah businesses to grow. Some of the local partners include: • • • • • • • • • • • •

Small Business Development Center Procurement Technical Assistance Center- government contracting assistance Manufacturing Extension Partnership USTAR Outreach Center Custom Fit-job training incentives Early Run Ventures-focus on starting & growing businesses Stimulating the Expansion of Entrepreneurial Development (SEED) SCORE-business mentoring Grow Utah Ventures-early stage venture capital consulting Local college business resources Chambers of Commerce Local economic development organizations, and other local area service providers.

Currently, there are three BRC’s in the State; in Davis County, in Utah County, and in Iron County in southern Utah. Four other independent resource centers are located in Cache, Salt Lake, and Washington Counties.

Utah Code Ann. § 63M-1-2704. Utah Business Resource Centers Act GOED generated a Request For Proposal (RFP) and nine submissions were received from institutions across the State desiring to participate in the Business Resource Centers (BRC) Program. After an evaluation process GOED was able to partner with three institutions: Southern Utah University in Cedar City; Utah Valley University in Orem; and, Davis Applied Technology College in Kaysville. Contracts were signed with each institution in FY2009. Over 1,200 people have sought assistance at one of the three BRCs in the first six months of operation. Each center and GOED are collecting metrics. GOED established the BRC Advisory Board in accordance with the BRC Act and the board has met quarterly.

Governor’s Office of Economic Development • Annual Report 2009

25


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Utah Defense Alliance

2min
pages 59-60

Manufacturing Extension Partnership

5min
pages 56-58

World Trade Center

1min
page 61

Small Business Development Centers (SBDC

6min
pages 53-55

Utah Sports Commission

6min
pages 50-52

Utah Science Technology and Research Initiative (USTAR

5min
pages 47-49

Utah Fund of Funds

2min
page 46

Economic Development Corporation of Utah (EDCUtah

3min
pages 44-45

Pete Suazo Utah Athletic Commission

2min
page 42

Utah Office of Tourism

5min
pages 38-40

Utah Health Exchange

2min
page 41

Rural Development

4min
pages 34-35

State Science Advisor

3min
pages 36-37

Procurement Technical Assistance Centers (PTAC

3min
pages 32-33

International Trade and Diplomacy

4min
pages 30-31

Business Development and Incentives

14min
pages 17-26

Centers of Excellence (COE

5min
pages 14-16

Utah Film Commission

4min
pages 28-29

Utah: A State of Opportunity

3min
pages 5-6

Business Resource Centers: Entrepreneurial Development

2min
page 27

Targeted Economic Clusters

11min
pages 8-13

Letter from the Executive Director

2min
page 4
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