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Government

Providing perspective and contextual insights on the monetary aspects of Government within Utah that impacts the citizens of the state, from local to international, including agencies and contractors.

The Top 17 Utah-focused Monetary, Financial and/or Business News Nuggets from September 2024 that You Might have Missed

The Top 17 Utah-focused Monetary, Financial and/or Business News Nuggets from September 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are significant and should be acknowledged as such. {In this writeup, you'll find info about 18 different Utah-based firms, 10 acquisitions, and nine separate executives, that

If You're a Female Entrepreneur Trying to Raise Money, You Should be at UVU Tomorrow for the 7th Annual WeROC Conference ("Women Entrepreneurs Realizing Opportunities for Capital")

If You're a Female Entrepreneur Trying to Raise Money, You Should be at UVU Tomorrow for the 7th Annual WeROC Conference ("Women Entrepreneurs Realizing Opportunities for Capital")

Fundraising Truism No. 1: Raising money is hard — really, really hard! Fundraising Truism No. 2: Raising money (if you're a woman) is awful ... AND ... really, really hard! How hard? According to data compiled by the John F. Kennedy School of Government at Harvard University, "The 30-year average

Three Utahns Ordered to Pay $42.5 Million for their Fraudulent Conduct through their Firm, Real Estate Workshop

Three Utahns Ordered to Pay $42.5 Million for their Fraudulent Conduct through their Firm, Real Estate Workshop

Following false promises of financial freedom that decimated the bank accounts and retirement savings of thousands, three Utahns have been ordered to pay $42.5 million in fines and restitution for their misdeeds. For more than a decade, MJ Augie Bove, Troy Stevens, and Cory Wadsworth operated a seemingly brilliant

Utah's Former High-Flying Solar Company, Lumio, is About to Be Acquired for ~$100 Million Out of Chapter 11 Bankruptcy Proceedings

Utah's Former High-Flying Solar Company, Lumio, is About to Be Acquired for ~$100 Million Out of Chapter 11 Bankruptcy Proceedings

Although it started with a bang in mid-2021 with the announcement that it had acquired five separate residential solar companies, Lehi, Utah-based Lumio has now crashed back to earth as it has filed for Chapter 11 bankruptcy protection and entered into a $100 million "Stalking Horse" agreement to

NEWS BRIEF: The University of Utah Landed Nearly $700 Million in Research Funding in Fiscal 2024

NEWS BRIEF: The University of Utah Landed Nearly $700 Million in Research Funding in Fiscal 2024

The University of Utah just announced that it garnered nearly $700 million in research funding in fiscal 2024 (ended 30 June 2024). According to the UofU news release announcing the FY 2024 research funding results, the Salt Lake City-based institution secured $691 million in research funding across such disciplines as

August 2024 Utah Real Estate Roundup: News about Commercial, Industrial, Multifamily, and/or Government Real Estate Transactions Valued at Over $430 Million

August 2024 Utah Real Estate Roundup: News about Commercial, Industrial, Multifamily, and/or Government Real Estate Transactions Valued at Over $430 Million

In an effort to keep Utah Money Watch readers abreast of recent significant news about multifamily, industrial, commercial, and/or government real estate activities within the state of Utah, we've prepared this mini-report summarizing the top events during August 2024. UTAH'S MAJOR COMMERCIAL REAL ESTATE TRANSACTIONS

Global Counterintelligence Firm, Utah-based Strider Technologies, Has Just Closed a $55 Million Round of Series C Funding

Global Counterintelligence Firm, Utah-based Strider Technologies, Has Just Closed a $55 Million Round of Series C Funding

The funding was led by Pelion Venture Partners, Utah's largest VC firm, and will help Strider "expand operations to new geographies in Europe and Asia, and more aggressively address the public sector market" as the firm helps provide organizations of all types with previously undiscovered data