Okay, so our new web site for Arizona has only 1 registered investor with $50,000 of available capital so far. That's not going to change the world. But guess what is going to happen in the next few months? I think the number of registered investors and entrepreneurs on FundingArizona will grow steadily. Arizona has more than twice the population of Utah and it is also growing rapidly. Eventually, there should be more investors and more business plans on FundingArizona.com than there are on FundingUtah.com.
An extremely innovate entrepreneurship program designed by venture capital investor Greg Warnock was covered by the Salt Lake Tribune this week. The Junto program trains scores of would-be entrepreneurs and then through a competitive selection process, chooses a handful to fund each year. This year 10 Junto members will be funded with $50,000 each in startup capital. The Junto are divided into teams of five members.