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FUNDING PLAN TO AID NEW FIRMS

The Utah Innovation Foundation is asking new and emerging businesses to submit summaries on their companies for possible presentation to investors.

Business plans must be submitted by June 1 and formal presentations to investors will be made on Aug. 5 at a start-up company funding conference sponsored by the foundation and several professional and government organizations."The hardest thing for a new company to do is raise money," foundation executive director Brad Bertoch said. "In Utah, investment dollars or `seed' capital for early stage companies is scarce."

The start-up funding program and conference helps new firms find first stage funding.