Vision, Mission and Strategic Plan

Vision

Utah will offer an exceptional quality of life by implementing sustainable economic development practices to: 1) Promote a business-friendly environment that allows the private sector to create high-paying jobs. 2) Align industry and education to produce a world-class workforce. 3) Support entrepreneurship and small business creation and growth. 4) Encourage collaboration and partnerships between state and local government and the private sector. 5) Utilize sustainable incentives to attract and keep high-paying jobs and provide public benefit via infrastructure, workforce development, etc.

The cornerstones of Utah’s economic development strategy include: — A business-friendly environment — Collaboration — A focus on entrepreneurship — Sustainable incentives — A world-class workforce

Mission

The Utah Governor’s Office of Economic Development enhances the state’s quality of life by increasing and diversifying Utah’s revenue base and improving employment opportunities.

Strategic Plan

Grow and support Utah businesses in urban and rural communities, and encourage an innovative, entrepreneurial spirit.

Engage with industry to build strategies that maintain a diversified economy and strengthen the business supply chain.

Expand the tourist experience of Utah’s natural and cultural wonders.

Advance Utah’s unprecedented partnerships in industry, education and workforce development.

Provide benefits for Utah residents, including: — Improved availability and quality of jobs — Increased community quality of life — Workforce training and educational opportunities — Decreased tax burden

As part of S.B. 172, in October 2019 GOED will deliver to the Legislature an updated, long-term economic development strategic plan.