Salt Lake City’s Top 8 Startup Accelerators & Incubators (2024)
Are you looking for capital and/or mentorship for your startup in Salt Lake City, Utah? Beyond funding, Salt Lake City’s startup accelerators and incubators also offer founders incredible valuable support for product development, sales and marketing.
Whether you are looking to find a co-founder, build your MVP and/or get the seed money you need to scale up, accelerators and incubators are the way to go!
In this article we have listed our top picks for the best startup accelerators and incubators in Salt Lake City. So, if you haven’t yet started to apply, here is a good place to start learning about them.
This article is part of a series where we present you the top startup incubators and accelerators across the US. For the South West, check out our rankings for Oklahoma, Denver, Phoenix and New Mexico. Looking for Salt Lake City's top startup venture capital firms instead? Check out our ranking here.
Looking for Utah’s top startup venture capital firms instead? Check out our ranking here.
Top 8 Startup Accelerators & Incubators In Salt Lake City
Here’s a summary of our top 8 picks for Salt Lake City’s best startup accelerators and incubators (in alphabetical order):
Name | Accelerator or incubator? | Program length | Investment size | Sector focus |
---|---|---|---|---|
AmplifyUp (by Boom Startup) | Accelerator | 2 months | $100,000 | Sector agnostic |
Church & State | Incubator | 8 months | Undisclosed | Sector agnostic |
Lassonde | Incubator | N/A | Undisclosed | Student-led |
LIFT (by Grow Utah) | Accelerator | 8 weeks | $15,000 | Outdoor |
RAMP (by Grow Utah) | Accelerator | 10 weeks | Undisclosed | Sector agnostic |
RevRoad | Incubator | 24 months | Undisclosed | Sector agnostic |
Startup Ignition | Incubator | 3 days | None | Sector agnostic |
VentureCapital.org | Accelerator | 6-8 weeks | Undisclosed | Sector agnostic |
1. AmplifyUp (by Boom Startup)
AmplifyUp is an invitation-only startup accelerator program sponsored by BoomStartup. It’s arguably Salt Lake City’s top startup accelerator.
The accelerator aims to improve access to funding and create an enabling environment to ensure companies succeed.
Therefore, the BoomStartup investment fund brings together investors who want to participate in early-stage funding. They leverage the SPVs to structure participation from various investors and keep the investment structure simple.
AmplifyUp invests up to $100,000 depending on the business plan and the current business metrics. The 2 months program seeks to mentor entrepreneurs and prepare them for funding.
Finally, the AmplifyUp program concludes with the demo day where founders can raise additional funding from external investors.
2. Church & State
Church & State is an incubator bootcamp focusing on coaching entrepreneurs. Therefore, the program sponsors strive to empower founders with the knowledge and motivation to take the right actions and to support them launch their dreams.
The 8 months program brings together innovative founders through mentorship and business coaching sessions. Mentors are innovators, policymakers, and angel investors.
Church & State also provides founders access to office spaces, conference rooms, dedicated desks, and co-working spaces for entrepreneurs.
3. Lassonde
Lassonde Entrepreneurship Institute offers a startup incubator program targeting students at the University of Utah and David Eccles School of Business.
Therefore, the startup incubator offers several programs and events, bringing together like-minded entrepreneurs. Lassonde Entrepreneurship Institute provides also student entrepreneurs access to grants, office spaces, workshops, meeting rooms, and residence during the program.
The incubator program also features access to business mentors to guide entrepreneurship and provide relevant business coaching.
4. LIFT (by Grow Utah)
LIFT is a 8 weeks accelerator program backed by Grow Utah, another of Salt Lake City’s top startup accelerators.
LIFT targets specifically entrepreneurs with innovative solutions and products and operating in the outdoor industry.
Therefore, LIFT provides entrepreneurs with business mentorship in addition with equipment for prototyping and manufacturing.
Successful companies receive up to $15,000 of seed capital. Besides, successful entrepreneurs can also receive a repayable loan only upon reaching $250,000 in annual revenue.
5. RAMP (by Grow Utah)
RAMP is another of Grow Utah‘s accelerator programs. RAMP runs for 10 weeks and, unlike LIFT, targets any sector (not just outdoor companies).
The portfolio companies meet and learn from respected business leaders across different sectors. Besides, the participating founders meet industry leading experts who educate them on various business aspects. To ensure the success of participating founders, Ramp provides a customised curriculum that suits the startup’s current stage.
Also, participating founders may qualify for funding during the program. Moreover, RAMP considers successful founders for follow-on funding from RAMP’s partner VC funds and angel investors.
6. RevRoad
Rev Road is a 24 months startup incubator program targeting businesses at any growth stage. The startup accelerator seeks to assist enterprises in growing, scaling, and multiplying their profits.
Therefore, the program provides entrepreneurs access to business mentors who train different skills to help them grow their businesses.
RevRoad also provides entrepreneurs with experts to help them pitch investors for possible business funding at the end of the program.
7. Startup Ignition
Startup Ignition is a 3 days bootcamp program for early-stage entrepreneurs and founders. The startup incubator seeks to guide entrepreneurs from the idea stage to business growth.
The program features numerous networking opportunities for entrepreneurs that involve meeting business coaches and industry leading experts.
During the 3 days bootcamp, the entrepreneurs undergo intensive training. In addition, the entrepreneurs engage in real-life assignments crafted to help them advance their entrepreneurship dreams.
Overall, the business incubator provides entrepreneurs with the knowledge, skills, and an expanded network of industry leading experts and business peers.
8. VentureCapital.org
VentureCapital.Org is a startup accelerator program that offers separate programs, among others:
- The Deal Forum®: 4-8 weeks classes and workshops on how to pitch investors
- Veteran Program: similar pitching bootcamp but solely for veteran-led companies
- Women Entrepreneurship Program: 6-8 weeks mentorship and networking program for women-led businesses
- Investors Choice Conference®: 6-12 weeks accelerator for Series B startups that have the opportunity to pitch angel investors and VC funds at the end of the program