DRAPER — Utah’s Nucleus Institute — an initiative aiming to bring together higher education, industry and government around a shared goal of collaborative innovation — has found a permanent home at the Point development in Draper.
Established by HB530, the Nucleus Institute launched in August 2025 as the reimagining of the Utah Innovation Lab, creating a focused governance model, a new investment structure, and a strategic framework to guide statewide innovation through higher education, private sector engagement and other emerging sectors.
Set to open in 2029, Convergence Hall will house the entirety of the Nucleus Institute organization, along with space for all of Utah’s higher education institutions, co-development spaces for industry partners, federal and defense technology initiatives anchored by Hill Air Force Base and policy development labs “designed for Utah’s continued success,” according to a release from the institute.
“This isn’t a building — it’s the infrastructure of a state that intends to compete for the future on its own terms,” Utah Gov. Spencer Cox said in a statement.
In addition to industry and educational collaborators, Convergence Hall will be the base of operations for the Nucleus Fund (formerly known as the Utah Innovation Fund), the $40 million fund that supports deep tech startups across Utah, along with institute initiatives MarketEdge,Nucleus Grow and PolicyLab.
And through ProLab, Convergence Hall will give students from the state’s higher education system a home for real-world, applied learning and project work, advancing the institute’s goal of connecting students, researchers, innovators and mentors with opportunities to bridge the gap between idea and execution.
“Convergence Hall was designed as a working facility rather than a conference center, purpose-built for the sustained collaboration that produces commercializable breakthroughs. It is the physical expression of the advantage Utah has spent a decade building: the ability to align faster across sectors and faster than anyone else,” the institute said in a statement.
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