Fox News: UVEF Top 25 Under 5

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Today, Lt Gov Gary Herbert keynoted a terrific awards program by the Utah Valley Entrepreneurial Forum (UVEF). 160 attendees. 25 top companies under five years of age were honored. Representing $80 million in combined 2008 revenue, the winners created 840 jobs last year. ZAGG, Imagination Learning, and OrangeSoda came in 1, 2, & 3.  Emcee, Rick White, co-founder of rising startup Fusion-io kept the event light with ample humor and insights into the healthy state of entrepreneurism in Utah.

According to soon to be Governor Herbert, 50% of jobs in Utah come from small business.  The Wall Street Journal reported this past month that more than half of the Fortune 500 in 2009 launched in recessions or bear markets. Speakers at the event credited Utah’s relatively resilient economy is due to great startup companies like those honored today.

The Daily Herald honored Alan Ashton, founder of WordPerfect, with a special “Founding Fathers” award for his quarter century of contributing to Utah business and the community.

Media for the event:

YouTube highlights video

Business Wire coverage

Daily Herald coverage

Daily Herald special section on Utah entrepreneurs

Deseret News coverage

Utah Pulse coverage

Wasatch Digital IQ coverage

Fox TV News coverage

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