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USU Hopes to Open Business Incubator Within Year

USU Hopes to Open Business Incubator Within Year



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LOGAN, Utah (AP) -- Utah State University is hoping to open a business incubation program in Brigham City within the next year.

Andy Shinkle, executive director of USU's Brigham City Extension, says the community innovation center would provide space for classes, conferences and a business resource center.

Startup companies would also be able to rent space in the building at below-market value.

The development will cost $10-point-7 million and will likely be completed in stages, depending on cash flow.

Shinkle hopes that the first phase -- a $600,000 business incubator -- will be complete within a year.

Within five years, USU hopes to have similar community innovation centers at extension sites in Tooele, Uintah Basin, Snow College and the College of Eastern Utah, Chandler said.

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Information from: The Herald-Journal www.hjnews.com

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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