2009 Annual Report

Page 5

Utah: A State of Opportunity

U

tah’s business and governmental leaders are engaged in an effort to harness our State’s strengths and ensure that we step boldly into the future from a strong economic foundation. Utah was recognized by The Pew Center on the States as the “Best Managed State in the Nation.” A fiscally conservative legislature has supported the administration over the years to establish a well managed and progressive governmental plan that provides Utah workers have stability and long been considered predictability one of the most proin spending, tax Governor Gary R. Herbert and Spencer Eccles, Executive Director of the Governor’s Office of Economic Development. ductive and well edupolicy and a cated populations in business friendly climate. If there is anything business leaders around the world crave, it is a growing, yet safe, stable and predictable place to conduct business; the country. Boasting Utah is that place. the youngest workforce in America, at an average age of 28 years old, the State has many years of power house success ahead of it. All of that is true, but there

Governor Gary R. Herbert announced in September his selection of Spencer Eccles as Executive Director of the Governor’s Office of Economic Development (GOED) along with Josh Romney who agreed to serve voluntarily as Utah’s National Business Recruitment Policy Adviser. These men will join with Derek Miller, Managing Director for Business Incentives and Growth, to make an agile and powerful leadership team which will help strengthen Utah’s economy and position it for significant future growth.

is more.

In his inaugural address, Governor Herbert noted that together we can work “toward economic recovery, educational excellence and energy security. My first and highest priority will be the economy in Utah. A state with sufficient employment opportunity is a state that can expect economic stability. Jobs pay the bills—for individuals and for families. Jobs, and the taxes they generate, produce the revenue that allows state government to support education, healthcare, transportation, infrastructure, public safety and other vitally important social services. If we can get the economy right, most everything else falls into place. It is time for unprecedented partnerships. Together we can and will be a state that leads the nation in many areas and serves as an example to those around us.” As we continue to improve Utah’s business friendly environment, GOED will focus on: • Strengthening and growing existing Utah businesses, both urban and rural. • Encouraging entrepreneurship and investment. • Attracting national and international business. • Supporting education as an important component to Utah’s long term business viability.

Governor’s Office of Economic Development • Annual Report 2009

3


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Articles inside

Utah Defense Alliance

2min
pages 59-60

Manufacturing Extension Partnership

5min
pages 56-58

World Trade Center

1min
page 61

Small Business Development Centers (SBDC

6min
pages 53-55

Utah Sports Commission

6min
pages 50-52

Utah Science Technology and Research Initiative (USTAR

5min
pages 47-49

Utah Fund of Funds

2min
page 46

Economic Development Corporation of Utah (EDCUtah

3min
pages 44-45

Pete Suazo Utah Athletic Commission

2min
page 42

Utah Office of Tourism

5min
pages 38-40

Utah Health Exchange

2min
page 41

Rural Development

4min
pages 34-35

State Science Advisor

3min
pages 36-37

Procurement Technical Assistance Centers (PTAC

3min
pages 32-33

International Trade and Diplomacy

4min
pages 30-31

Business Development and Incentives

14min
pages 17-26

Centers of Excellence (COE

5min
pages 14-16

Utah Film Commission

4min
pages 28-29

Utah: A State of Opportunity

3min
pages 5-6

Business Resource Centers: Entrepreneurial Development

2min
page 27

Targeted Economic Clusters

11min
pages 8-13

Letter from the Executive Director

2min
page 4
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