‘Utah Innovation Lab’ would be a state-sponsored angel investor for university startups

Legislation would create a nonprofit to take early stakes in companies, most of which don’t pan out.

(Francisco Kjolseth | The Salt Lake Tribune) Lassonde Studios on the University of Utah campus in Salt Lake City on Thursday, Oct. 27, 2022. The Utah Legislature is considering a bill to create a Utah Innovation Lab that would fund startup businesses coming out of university entrepreneurs at Lassonde and elsewhere.

‘Utah Innovation Lab’ would be a state-sponsored angel investor for university startups

Legislation would create a nonprofit to take early stakes in companies, most of which don’t pan out.

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