- The Nucleus Institute will establish its headquarters at the Point development in Draper.
- Convergence Hall, opening in 2029, will house the entirety of the Nucleus Institute organization, along with its collaborators in industry and higher education.
- The $40 million Nucleus Fund that supports tech startups across Utah will also be based out of Convergence Hall.
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…