Targeted Economic Clusters Cluster directors work in close collaboration with many stakeholders in the private sector, education and government, such as the examples shown below, to help coordinate efforts around multiple pressure points in business. GOED CLUSTER DIRECTOR ENERGY AND NATURAL RESOURCES
LIFE SCIENCES
ADVOCACY
SOFTWARE/IT
OUTDOOR
AEROSPACE
Utah Technology Council • BioUtah • MWUSA • Outdoor Industry
USTAR
INNOVATION
Utah Capital Investment (formerly Utah Fund of Funds)
CAPITAL
Utah Manufacturers Association
OPERATIONS INFRASTRUCTURE
Utah Broadband Project
WORKFORCE DEV.
Workforce Services Department
INTERNATIONAL DEV. RECRUITMENT
FINANCIAL SERVICES
World Trade Center • ITDO Economic Development Corporation of Utah
Energy and Natural Resources Utah has diverse and abundant natural resources ranging from agriculture and mineral resources (including hydrocarbons) to renewable resources including wind, solar, geothermal and others. These natural resources generate significant revenue for the State of Utah and are the foundation of the state’s rural communities. Energy development is of particular importance to the state, and not only because of the significant capital investment, job creation, and revenue associated with energy development activities, but also because those activities lead to the low energy prices that provide a foundation for all of Utah’s economic successes. Energy jobs in Utah account for 1.6 percent of the state’s jobs, (just fewer than 18,000) but account for 2.6 percent of the
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Governor’s Office of Economic Development • 2014 Annual Report • www.business.utah.gov
