Fiberspar Corporation and the Governor's Office of Economic Development (GOED) today announced plans to create at least 276 new full-time Utah jobs. Fiberspar is the leading supplier of spoolable composite reinforced pipelines, having installed more than 25 million feet of the patented spoolable pipe between 2000 and 2010.
Historically, the TCIP statute only permitted grants to Utah universities, however, in 2007 the Legislature passed and the Governor signed into law, changes to the TCIP statute that now permits grants to companies who license technology developed at Utah's colleges and universities, including startups as well as existing companies who plan to create a new product or product line from the licensed technology.
Weber State University and USTAR held a legislative and economic development stakeholder update at the Ogden campus. More than 20 people attended, including 10 state lawmakers.
Utah’s actual employment numbers are in for the first quarter and they came in better than the original survey estimates. Not by anything excessive, but an original 1.7 percent growth estimate is now revised up to 1.9 percent.
The University of Utah has become an economic engine for the state of Utah. In addition to providing exceptional educational opportunities, the university drives startup formation, which boosts job growth and tax revenue.
Entrepreneurship is a vital piece of Utah's economic landscape. On September 27, 2011, the Governor will read a declaration commemorating the date as Utah Entrepreneurship Day.
“The Lassonde Center has exceeded our expectations since we started it 10 years ago,” says director Troy D’Ambrosio. “Our graduate program pairs students from many academic disciplines with faculty inventors who have promising technologies, and this is not just an exercise.
For the past five years, USTAR has helped the University of Utah enhance its already strong capacity in biomedical engineering. USTAR has facilitated the recruitment of more than 30 nationally prominent researchers, most of whom will be moving into the state-of-the-art $130 million USTAR molecular biotechnology facility near Central Campus Drive.
USTAR’s Eastern Utah Technology Outreach team is working with research, industry and entrepreneurial leaders in the energy sector to establish Utah as a center for the development and deployment of new energy technology to assist the efficient and environmentally responsible production of critical energy resources in Utah and elsewhere.
Miriah Meyer has joined the University of Utah’s Scientific Computing and Imaging (SCI) Institute as a USTAR assistant professor of computer science. The SCI Institute focuses on solving important problems in biomedicine, science, and engineering using computation and is an international research leader in the areas of scientific computing, visualization, and image analysis.
The 2011 Global Clean Energy Congress is an inaugural event for Utah companies and innovators to showcase unique, cutting-edge sustainable technologies that prepare for future energy demands in a responsible manner.
Lt. Governor Greg Bell and key state partners will announce the findings of the 2011 Volunteering in America report ranking Utah as the #1 volunteering state in the nation for the 6th year running.
This service is also now accessible from your smart phone or mobile device.
Data from the Utah Department of Workforce Services.
Government agencies and businesses are preparing now for the National Security Agency's $1.93 billion intelligence data center's completion in March 2013 by hosting and attending workshops and creating programs to optimize relationships with the new neighbor.
Check out these new economic overviews from counties throughout the state of Utah.
Utah Valley University (UVU) is pleased to announce that Steven Roy has been selected to fill the new position of associate vice president for economic development. The position’s creation coincides with UVU’s emphasis on fulfilling its role as an economic engine and incubator for new and existing businesses in the region.
Francine A. Giani, Executive Director of the Utah Department of Commerce, announced today that Jonathan C. Stewart has been appointed as the new Director of Utah Division of Real Estate (DRE) to become effective August 22, 2011. T
Use Utah's online business entity search to obtain a Certificate of Existence, discover filed documents or review the management team of a Utah corporation.
In May 2011, Millard County boasted the second-lowest unemployment rate in the state--5.5 percent. In addition, its nonfarm job growth remained the envy of many neighboring counties--3.7 percent in March 2011.
The nanoUtah 2011 conference announced today a statewide contest to identify, celebrate and support entrepreneurial ideas that have the most potential as viable and exciting business opportunities. In a fast-paced conference session to be held in Salt Lake City October 13, an "Innovation Idol" will be crowned.
Salt Lake City was one of only two U.S. cities listed, along with Austin, Texas. Fortune cited the many start-ups emerging from the University of Utah, and a study indicating Salt Lake's workforce as the most productive in the nation.
Whether you are new to exporting or a seasoned global marketer, this is an excellent opportunity to expand your sales to Canada. Governor Gary Herbert will lead this Trade Mission to assist Utah businesses with exports to Canada, promote foreign direct investment opportunities and tourism and strengthen educational ties.
The National U.S. - Arab Chamber of Commerce (NUSACC) in cooperation with: - Governor's Office of Economic Development, State of Utah - Rollins Center for Entrepreneurship & Technology, BYU - Salt Lake Chamber - Utah Technology Council - World Trade Center Utah present an Ambassadors Forum on Business Opportunities in the Arab World in a Time of Transition
Last week Agriculture Under Secretary for Rural Development Dallas Tonsager met with Twenty-two Utah business leaders for a White House Business Council roundtable. The meeting was hosted by Zions Bank Corporation and USDA Rural Development.
The highest-paid professions in Utah in 2010 were doctors, dentists, lawyers, and engineering managers. The lowest paid positions included hostesses, counter attendants, food preparation workers, dishwashers, and fast-food cooks.
The Federal Data Center being built for NSA using a Corps of Engineers design / build contract with BDB, A Joint Venture, will be managed and operated by NSA. The Governor?s Office of Economic Development and Procurement Technical Assistance Center have been asked by NSA to orient Economic Development and Small Business Outreach partners about a special training program called ?Pathway to Success.?
Over 180 government officials, business leaders and academics from China have registered so far to attend the first ever US-China Conference. This event will provide a unique opportunity for U.S. and Chinese professionals to meet and exchange ideas, explore opportunities to cooperate, make new connections, build business relationships, and discover new ways to work together.
USTAR and the World Trade Center Utah invite Utah individuals and companies to attend or exhibit at a conference called UKC 2011: "US-Korea Summit on Science and Technology of 40 Years."
Workshop on June 23, 2011.
Topics include rewards and drawbacks of business ownership, business entry strategies, legal and regulatory compliance, business planning, choosing a form of business ownership, debt and equity financing, and sources of business assistance.
GOED-sponsored study shows U.S. industrial loan companies are "safe, sound and well-regulated," and could make a significant contribution to the nation's economic recovery if barriers to growth were removed.
Shifting populations across Utah are forcing city governments to cut employees and services as residents, and a greater share of sales tax revenues, leave mature communities and head to new developments. As communities mature and become more expensive, areas with new property developments are attracting growth, and along with that, a bigger share of the state's sales tax revenue.
“U.S. Export Adaptability at the State Level” by Ball State’s Center for Business and Economic Research (CBER) finds the top five are Nevada, West Virginia, Delaware, Utah and Indiana.
On May 18, vSpring Capital announced the 2011 class of the vSpring Capital Top 100 Venture Entrepreneurs, also known as the v100. USTAR’s northern region Technology Outreach director Alex Lawrence was named to the list for the second year.
Ten Utah communities showed an increase in the share of homes being rented rather than owned, part of a national trend identified through a new USA Today analysis of census data.
Utah’s nonfarm wage and salaried job count for April 2011 expanded by 1.6 percent compared to April 2010. This is a 12-month increase of 18,900 jobs, and raises total wage and salary employment to 1,200,400. The seasonally adjusted unemployment rate, Utah’s other primary indicator of current labor market conditions also generated by BLS, registered 7.4 percent.
Even as it continues to achieve significant milestones at home, USTAR is becoming nationally recognized and finding that other states are using it as a model for their own programs to increase research and commercialization.
In a Capitol Gold Room ceremony, Governor Gary R. Herbert and Lieutenant Governor Greg Bell joined legislative and business leaders from across the state for ceremonial signings of several key pieces of job growth and economic development legislation from the 2011 legislative session.
Goods and materials produced by firms in several states are in high demand as world trade markets continually evolve, says a new ranking of international exporting by Ball State University. "U.S. Export Adaptability at the State Level" by Ball State's Center for Business and Economic Research (CBER) finds the top five are Nevada, West Virginia, Delaware, Utah and Indiana.
The 2011 Utah Innovation Awards, presented by Stoel Rives and the Utah Technology Council, honor the modern-day pioneers who venture to change the future with their new ideas. Richard Nelson, UTC founder and CEO, says Utah continues to lead the way in innovation. “Innovation is alive and well. We continue to get more applicants and the level of their accomplishment continues to seem to be more than the last year and in prior years. The number and quality is up.”