Standard-Examiner: Ogden Council Resolves to Give $100,000 to Mobile App Lab

Money falling from helicopters in the sky?

By Smaatguy

According to this morning's Standard-Examiner, it looks like the Ogden App Lab is getting another $100k, from Busness Depot Ogden (BDO) retained earnings:

• Ogden council resolves to give $100,000 to mobile app lab

What started out as an $800k project is now $2 mil. Interesting... money falling from helicopters in the sky... Makes ya think Ben Bernankster was in town.

Standard-Examiner: Ogden's App Lab Plugs Into $1M in Federal Funds

Ogden’s burgeoning mobile app industry gets a $1 million federal boost

US Gimmint Uncle Sugar

The Standard-Examiner picks up where it left off on 4/27/12, with this morning's encouraging news that "Ogden’s burgeoning mobile app industry just got a [giant] financial boost from the federal government," with a brand new federal grant, ringing in to the to the tune of a cool one million bucks:

• Ogden's app lab plugs into $1M in federal funds

Ogden taxpayers will have some skin in the game with respect to this project too, as the Standard also reports that "the city will kick in $285,000 for the purchase and renovation of a building at 2314 Washington Blvd. Another $145,000 will go into a loan fund that will be used for business loans associated with the program."

While we continue to have our concerns about the appropriateness of involving cash-strapped Ogden taxpayers in subsidizing economic development projects like this, we'll resist the temptation to gripe about it this go-round, inasmuch as the projected Ogden City payout appears to be a drop in the bucket, especially when compared to such projects during the madcap, free-spending  Boss Godfrey years. Moreover, taking into account the projected jobs, revenue and investment which can reasonably be expected to flow from this project in the years to come, we'll chalk this up as an Ogden good news story, folks, all in all.

Of course that's just us... what about you?

Standard-Examiner: Ogden, Weber State Team Up in Opening of App Lab

Sodden Query:  What happened to Ogden Rox?

Good news for Ogden City this morning, as the Standard-Examiner announces that "[t]he city is teaming up with Weber State University to bring one of the world's fastest growing industries to Ogden." Here's the basic skinny:

Ogden's Community and Economic Development staff has been working with representatives from the WSU Research Foundation to create a program that will develop mobile application software for electronic devices like tablets, iPads, iPhones, and other smartphones.

"With mobile application development, you have an industry that is growing faster than almost any other," said Terrence Bride, Ogden's assistant business development manager. "And it brings with it high-paid jobs. The median salary for these types of jobs in this area is about $80,000 a year."

The program will provide mentoring, training, legal services and even small-business loans for mobile app entrepreneurs.

"We would be taking in those that have a good, marketable concept and provide mentoring and funding to turn that concept into a real business enterprise that employs people," Bride said.

Read the full Mitch Shaw story here:

• Ogden, Weber State team up in opening of app lab

According to this morning's story, both Ogden City and Weber State University will be providing "seed money" to kick start this new business venture, which will be located, judging from the accompanying S-E photo, in the downtown building formerly occupied by Ogden discount retailer Ogden Rox.

The Standard provides further details about the project financing:

The city will kick in $285,000 for the purchase and renovation of a building at 2314 Washington Blvd. Another $145,000 will go into a loan fund that will be used for business loans associated with the program.

The city also will be proposing an additional $70,000 in funding in the fiscal year 2013 budget for the loan program.

WSU will also contribute $50,000 to go toward the building.

The funding is contingent on Ogden acquiring a grant, which (surprise of surprises) has not been locked down yet.

As regular WCF readers will recall, Ogden Rox was also the recipient of Ogden taxpayers' "seed money" back in September of 2010, when it was one of the first businesses to take advantage of the city's then-new $315,000 tenant improvement loan program:

• Standard-Examiner: Ogden Getting Three New Retail Outlets - UPDATED

Sodden query, as posed by community activist Dan S. in a comment beneath this morning's S-E story:

What happened to Ogden Rox?

Is there anyone out there in the world-wide-blogosphere who can help us out with this question? Shall we all just treat the original Ogden Rox "seed money" as just more Ogden City taxpayer money flushed down the drain?

Final, final followup question: When if ever, we ask, will these extravagant Ogden City taxpayer subsidies stop?

Update 4/27/12 9:20 a.m.:  Over on Facebook one gentle WCF "regular" provides this positive spin: "It seems that the days of the adminstration's treating WSU as an enemy or at least an invisible entity are over." 

Good point, wethinks...