Western Peaks Logistics Receives $250,000 loan from InnoVentures/Utah Small Business Loan Fund

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Western Peaks Logistics Receives $250,000 loan from InnoVentures/Utah Small Business Loan Fund

 December 12, 2016

Western Peaks Logistics was ranked #1,800 on the Inc.  5,000 List of America’s Fastest Growing Private Companies in 2016.  Western Peaks Logistics achieved this distinction for its impressive 207% growth in revenue.  This is second 2016 Inc. 5,000 company that InnoVentures/Utah Small Business Loan Fund has funded in the past two months.  In November, eLearning Brothers also received a $250,000 loan from InnoVentures/Utah Small Business Loan Fund.  “The fastest growing companies in Utah look to InnoVentures for growth capital, said Steve Grizzell.”

“InnoVentures was fast and flexible in getting this loan done, said Carl Crosser, Western Peaks Logistics’ Chief Financial Officer.”    For more information on Western Peaks Logistics go to http://westernpeakslogistics.com

utah Small Business

 The Utah Small Business Loan Fund has money to loan from HUD, EDA and USDA and is the most active non-bank lender in the state of Utah. The Utah Small Business Loan Fund is actively issuing new loans and welcomes any calls about loans for your business.  We strive to make the lending process simple!

 

 

 

InnoVentures Capital

www.innoventures.com

 

Contact:  Steve Grizzell   801 243-6674 (m)

steve@innoventures.com

InnoVentures and Utah Small Business Loan Fund lend to eLearning Brothers

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InnoVentures Capital and Utah Small Business Loan Fund lend to eLearning Brothers

 November 8, 2016

 eLearning Brothers received a $250,000 loan from the Utah Small Business Loan Fund.  eLearning Brothers  began in 2009 like many startups do—in a basement and with a great idea. Co-founder Shawn Scivally started making eLearning games and template designs while working from home and sold them online. His brother, the other co-founder, Andrew, helped out at night and on the weekends until he joined full-time in 2010. Between the two of them, they believed that they had the skills and knowledge to put together interactive, engaging, and inspiring content to help others enhance their eLearning courses. And they were right!

 2016 was a banner year for recognition of eLearning Brothers – Inc. 5,000 Rank #888, Utah Best of State, #7 Fastest Growing in Utah County and five industry awards just in 2016!  http://elearningbrothers.com/ “It is a real privilege to be a small part of eLearning Brothers’ growth, said Steve Grizzell.”

 The Utah Small Business Loan Fund has money to loan from HUD, EDA and USDA and is the most active non-bank lender in the state of Utah. The Utah Small Business Loan Fund is actively issuing new loans and welcomes any calls about loans for your business.  We strive to make the lending process simple!

 

innoventures-logo

 

utah Small Business

Contact Steve Grizzell steve@innoventures.com 801 243-6674

InnoVentures Capital www.innoventures.com

 

Utah Small Business Loan Fund Borrower Creates Big Buzz at Steve Case’s Rise of the Rest Pitch

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Mindy Waite, CEO of Harvest Lane Honey in located in Tooele, gave a great pitch for $100,000 from Steve Case, founder of AOL. She didn’t win but created quite a buzz. The Utah Small Business Loan Fund has provided $200,000 of loans so far.

Way to go Mindy!

 

hlh

www.harvestlanehoney.com

Utah Business Magazine Names InnoVentures To 2016 Private Equity Firms

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September 19, 2016

innoventures-logo

 

InnoVentures Capital, manager of the Utah Small Business Loan Fund, was listed as one of the top Private Equity Firms in Utah Business’ September 2016 issue www.utahbusiness.com

 

“We are really pleased to be named in the same list as firms like Epic Ventures, Kickstart Seed Fund, Peak Ventures, Signal Peak Park City Angels, Salt Lake Angels and other distinguished funds” said Steve Grizzell, InnoVentures’ Managing Director.

 

Steve Grizzell continued – “Our success is because our loan terms are some of the best in the state. Loans range from $50,000-$250,000 with interest rates as low as 8% and repayment terms of up to 7 years.” “We are also one of the least bureaucratic lenders in Utah – we typically get our loans done in weeks not months.” “Additionally we lend anywhere in the state, even rural areas.”

 

The Utah Small Business Loan Fund has money to loan from HUD, EDA and USDA and is the most active non-bank lender in the state of Utah. The Utah Small Business Loan Fund is actively issuing new loans and welcomes any calls about loans for your business. We strive to make the lending process simple!

Contact Steve Grizzell

steve@innoventures.com

801 243-6674

 

InnoVentures Capital

www.innoventures.com

 

 

Gideon Taylor Software receives loan from Utah Small Business Loan Fund

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Gideon Taylor is based in American Fork, Utah and is a national expert on developing electronic forms for large institutions like universities and insurance companies.  Their latest software product eForms integrates with PeopleSoft to facilitate creating forms that comply with the business logic and processes of enterprises.   Check them out at www.gideontaylor.com

Harvest Lane Honey receives $200,000 loan

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Harvest Lane Honey is based in Tooele and is one of the fastest growing companies in Tooele county.  Harvest Lane Honey is the leading manufacturer in backyard beehive kits.  Check out their website at www.harvestlanehoney.com

Better loan terms now !!!

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The Utah Small Business Loan fund wants to be the most entrepreneur friendly lender in Utah and so we have improved our loan terms.  Interest rates can be as low as 8%.  The payback period can be up to 7 years.  The loan origination fee has been lowered to 2%.  Talk to us today to see if we can help you.

Exploring the Egyptian Entrepreneur Scene

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I met with some Egyptian entrepreneurs in Cairo at Startup Cairo and was impressed that at least one of them has great potential.  I wanted to also share some of my observation about Egypt.

Venture capital and entrepreneurship in Egypt

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I am off to Egypt and meet with entrepreneurs at Startup Cairo.  I am really interested in seeing how the entrepreneurship scene in Egypt compares to Utah.  The Egyptian entrepreneurial environment looks pretty tough from an outsider’s novice view.

Sam Stoddard of Simple Citizen talks about funding and boards of advisors

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Sam Stoddard is the founder of Simple Citizen, a startup business that may have won more student business plan competitions than any one else in the United States.  Sam traveled to India, thought about his future and decided not to take a job offer at a prestigious accounting firm but to start his own business.  He has since gone on to raise a round of funding from the Kickstart Fund and is off to California to join Y Combinator, the second accelerator has gone to.  Listen to some of his story and hints.

 

http://https://youtu.be/WY7BGULyAPA