Speaking on Business: The Cynosure Group

Published: July 9, 2020, noon

This is Derek Miller, Speaking on Business. As our state scrambled to protect Utahns from COVID-19, business leaders were also hard at work with the University of Utah’s Eccles School of Business to help restore Utah’s small business community. The Cynosure Group was one of the sponsors of this effort and its co-founder, Bud Scruggs, is here to let us know how that alliance came together. BUD SCRUGGS Like other state leaders, our first concern was to protect the lives threatened by this terrible virus. However, it became clear that the economic fallout could be just as devastating to the state and its citizens if we didn’t find a way to help our small businesses. For weeks the Eccles family worked non-stop with the University’s Eccles School of Business to craft “Navigating COVID-19: How to Rebuild Your Business and Reactivate Our Community.” Former Governor Mike Leavitt hosted a weekly webcast to offer clear and actionable direction to help local businesses survive—providing hope during very troubling times. Our firm, The Cynosure Group, focuses on investment in mid-size businesses and increasing the capacity for charitable giving for some of the nation’s most generous families. These efforts became ever-more significant when considering the economic impact of COVID-19. DEREK MILLER The Cynosure Group and the Eccles family are great examples of how leaders across the state can collaborate to reduce the impact of COVID-19 on citizens’ financial well-being and health. To learn more, go to cynosuregroup.com. I’m Derek Miller with the Salt Lake Chamber, and this is Speaking on Business.