largest publicly-funded business incubator in Utah is located at Salt Lake
Community College’s Miller Business Resource Center. Co-located with the Salt
Lake Region Small Business Development Center (SL SBDC), the Miller Business
Innovation Center (MBIC) opened its doors in 2003.
a "mixed use” incubator serving clients in a range of markets, the Center has
attracted publishing, franchiser, software development and medical device
entrepreneurs.Currently it serves 14 resident clients and has "graduated” 20
follow the entrepreneurial philosophy of Larry H. Miller, Miller Campus’
largest benefactor. We look for start-ups that are relevant to their markets,
with products or services that have high potential for growth,” SBDC consultant
Jeff Chance says.
company or entrepreneur to become a client requires successfully passing a
screening process. The Center fields a selection committee comprised of a
consulting business person (usually a successful entrepreneur), a senior staff
member of the Miller Business Resource Center, and two SBDC business
development directors, themselves experienced business people.
committee selects a client, the Center – which has 15,000 square feet of
office, meeting, cubicle and work space – offers a range of services, including
basic business amenities such as internet access.
client to lease space is very cost-effective, but there’s also no cost to
clients for SBDC counselors to advise on business plans, market analysis,
distribution strategies, or other aspects of building a business,” Chance says.
"We also have relationships with various early-stage investors and help our
clients network with possible funding sources.”