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Utah Governor's Office of Economic Development
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GOED Technology Commercialization and Innovation Program (TCIP) grant recipients to present at StartupUtah’s “Pitch Day” May 27. http://business.utah.gov/news/recipients-of-state-tcip-grant-to-participate-in-startuputah-pitch-day/
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Salt Lake City is one of the best U.S. cities to move to for a job, according to #Glassdoor. Salt Lake City is #6 in a ranking determined by three factors: how easy it is to get a job (hiring opportunity), how affordable it is to live there (cost of living), and how satisfied employees are working there (job satisfaction). 

http://www.glassdoor.com/blog/best-cities-jobs/
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GOED’s Rural Development Office continues to help business across the state. Yesterday the GOED board approved a Rural Fast Track grant for P&C Environmental, LLC, based in Teasdale, Wayne County, for the purpose of expanding their invasive tree removal business by purchasing a wood chipper and pellet mill in order to recycle the invasive trees. The company expects to create two new full-time positions as a result of the expansion. The project is estimated to cost about $50,000.
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$83.4 million overall economic impact, $7 million in local and state tax revenue, nearly 31,000 out of state visitors, and some cutting-edge films. Here’s the 2015 Sundance Film Festival recap. 

http://www.sundance.org/blogs/news/sundance-institute-brings-834-million-to-utah-with-2015-festival
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EMC Corporation announced today that it will expand its operations in Draper, creating 700 jobs and an estimated $62 million in capital investment. EMC is a leading provider of information technology focused on cloud computing, big data analytics, and security. #Emc2

As part of the contract with EMC, the GOED Board of Directors has approved up to a maximum tax credit of $3,873,191 in the form of post-performance Economic Development Tax Increment Finance (EDTIF) incentive.

http://business.utah.gov/news/emc-to-expand-its-utah-operations-again/
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The World Trade Center Utah is holding a free roundtable – “Exploring Market Opportunities and Strategies for Utah Businesses Throughout the European Union” – on May 20.

Learn about various market development opportunities and strategies across the European Union (EU). Expert presenters include Mr. Carlos Perezminguez from the U.S. Embassy in Spain and Mr. Marian Volent from the U.S. Embassy in Slovakia, as well as a panel of local experts in finance, legal and EU product standards. On a state level, the European Union is one of Utah’s largest trading partners.

8:30 am - 10:30 am, Presentations
10:30 am – Noon, One-on-one Meetings w/ Presenters

60 E. South Temple Street, Salt Lake City.

To register for this FREE event, go to www.wtcutah.com/events.
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At ‪#‎energysummit‬ taking place today in Salt Lake City, Utah Governor Gary R. Herbert and Colorado Governor John W. Hickenlooper talk about the future of energy in the Western U.S. and the nation.
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GOED and EDCUtah have launched a premier interactive economic development map, now available online at http://locate.utah.gov

Locate.utah.gov is the first site of its kind and will be a key tool in helping businesses find the critical information they need to make site selection decisions. The site allows users to explore the state’s broadband availability, utility information, transportation, workforce and lifestyle features. It also allows developers to evaluate potential locations and print customized reports with detailed summaries of available infrastructure.

The site was funded by the State of Utah and developed by the Utah Broadband Outreach Center at GOED. 

http://business.utah.gov/news/utah-launches-nations-first-comprehensive-economic-development-map/
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This month’s BioUtah newsletter includes a message from their new president/CEO Kelly Slone. http://tinyurl.com/o67gjgm
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GOED’s board announced today the approval of an incentive for The Procter & Gamble Company to expand its operation in Box Elder County. This expansion is expected, over the coming years, to bring $400 to $500 million in capital investment, along with up to 200 jobs.
P&G operates a paper products manufacturing facility in Box Elder County.  

As part of the contract with P&G, the board has approved up to a maximum tax credit of $11,146,615 in the form of post-performance Economic Development Tax Increment Finance (EDTIF) incentive.

http://business.utah.gov/news/box-elder-utah-pg-manufacturing-facility-to-expand/
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North Dakota, Texas and Utah are the top performers in job growth since the Great Recession, according to a Stateline study. 

Utah grew 16.7 percent since Feb. 2010. On average, employment has increased 8 percent among all 50 states and the District of Columbia since each one’s individual nadir. 

More info at Pew Charitable Trusts blog: http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2015/5/13/which-states-have-the-most-job-growth-since-the-recession
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More evidence of our state’s quality of life…Utah made the jump from #8 to #5 in this year’s annual Bicycle Friendly State rankings (League of American Bicyclists). The state adopted a Bicycle Master Plan in 2014, setting inter-agency goals for inclusion and support of biking and walking infrastructure in transportation projects. 

http://bikeleague.org/content/bicycle-friendly-state-ranking-released
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Have them in circles
114 people
Things 2 Do in Utah's profile photo
World Economic Development Alliance (WEDA)'s profile photo
Bob Grove (RoadtrippinwithBob)'s profile photo
Luke Jordan (iRepair)'s profile photo
Campus Founders Fund's profile photo
TheBestCompanys's profile photo
Maria Jewkes Ostler's profile photo
Ben Dubois's profile photo
Resolute Tax Services's profile photo
Contact Information
Contact info
Phone
801-538-8680
Address
60 East South Temple, 3rd Floor Salt Lake City, UT 84111
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The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state.
Introduction
The Governor's Office of Economic Development charter is based on Governor Herbert's commitment to economic development statewide.

The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state.

The Governor's Office of Economic Development accomplishes this mission through the administration of programs that are based around industries or "economic clusters" that demonstrate the best potential for development. The Governor's Office of Economic Development utilizes state resources and private sector contracts to fulfill its mission.

Mission of the Governor's Office of Economic Development 
To nurture an environment where Utah companies can be successful and the business community can create jobs that raise Utah’s citizen’s standard of living.