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The Governor's Utah Economic Summit will be held Monday, March 29, 2010. We are excited to add the Student Business Summit as part of this event. The Student Business Summit will feature keynote speakers, business leaders, entrepreneurs, venture capitalists, and experts in their field.

This newsletter provides an update on the economies of Davis, Morgan, and Weber counties.

The International Trade and Diplomacy Office (ITDO) of the Governor?s Office of Economic Development is pleased with its 2009 year-end commodity export figures as announced by the U.S. Department of Commerce. Utah companies exported over $10.3 billion in 2009 which equaled their export dollars from 2008.

Production agriculture and the agricultural processing and manufacturing sectors are important elements of the economy in the state of Utah. These economic sectors contribute jobs, income, fiscal revenues, and quality of life to not only rural regions of the state, but also to its more urbanized regions. The agricultural processing sector and the production agriculture sector together account for $15.2 billion in total economic output in Utah after adjusting for multiplier effects.

 Utah's first business incubator focused on IT and renewable energy opened its doors in mid-January near the campus of Dixie State College in St. George. A collaborative effort spearheaded by USTAR, the Southern Utah Information Technology and Renewable Energy Incubator (ITRE) helps Utah join several other states and cities investing in the start-up of new businesses focused on high technology, green technology and alternative energy.

The progress that Utah scientists are making on carbon sequestration is a key reason an international group of geological storage modeling experts met at the University of Utah February 15-18, 2010. The 2nd annual Greenhouse Gas (GHG) conference of the International Energy Agency (IEA) attracted more than 60 practitioners from around the world.

Launched in October 2009, the BioInnovations Gateway (BiG) blends Utah's 21st Century Workforce Initiative with technology economic development. Supporting up to seven start-up companies and student interns, BiG is an effective collaboration between GOED, Granite School District, Salt Lake Community College, and USTAR.

The Utah Health Exchange announced the launch of a new pilot program designed to admit large employer groups into the Exchange earlier than originally anticipated. The Utah Health Exchange was not scheduled to admit large employer groups for testing until fall of 2011. However, Utah House Speaker David Clark included a provision in his most recent health system reform bill authorizing the Office of Consumer Health Services to initiate a pilot project for large employer groups.

Leading researchers and industry will utilize two state of-the-art interdisciplinary research facilities coming to Utah as a result of the USTAR initiative.

Agriculture in Utah carries roughly half the relative economic weight that it does nationwide. In 2008, farming accounted for just 0.25 percent of total personal income ($218 million) in Utah and 0.47 percent of gross state product ($511 million).

This site goes through all the requirements for Utah auto dealers.

This report from the Utah Geological Survey provides an extensive, graphical look at Utah's Energy Resources.  In his January 2010 State of the State address, Governor Gary Herbert calls for Utah to become a leader in global energy development.

Do you want to be notified of Labor Commission news and updates.  Subscribe and stay up to-date on Labor Commission notices, news and announcements of your choice.

Based on construction survey research, interviews with local government and economic development staff, and meetings with business leaders in your community, the Utah Department of Transportation (UDOT) has pooled a wealth of knowledge and resources to provide you with a concise, reader-friendly guide to help you prepare your business for transportation construction projects.

Now in its 13th year, the Washington County Economic Summit has the reputation of being the premier business planning event of southern Utah. The Summit has come to be known as "What's Up Down South," after its most popular session, the rapid fire bullet-point presentations of future projects that will impact the economy of Washington County for the next 18 months.

Governor Gary R. Herbert and the State Science Advisor along with the State Advisory Council on Science and Technology have announced the winners of the Governor's Science Medals for 2009.Historically these medals are awarded to individuals and companies who have made significant contributions to the furthering of scientific knowledge, education and industry in Utah and the nation.

The annual Governor's Utah Economic Summit will again set the foundation for the outlook and forecast for Utah in 2010 and beyond. Respected leaders from across the state will discuss the opportunities and threats to businesses across the state. The Utah economy is poised for renewed growth. Register now for the Governor's 2010 Utah Economic Summit.

The Department of Commerce enables Utah?s economy, business, and citizens to grow and prosper.  The Department issues over 300,000 licenses and regulates hundreds of industries.

Please join us for Part II of the 9 Essential Steps of Successful International Networking. Part II will focus on how to implement the 9 Steps in specific cultural regions. Presenters with cultural experience from around the globe will share essential steps of successful international networking. Presenters will also introduce networking tools specific to each region that can be used to effectively and systematically network in each region.

The Governor?s Office of Economic Development (GOED) Board announced the expansion of the Utah operations for Merit Medical Systems, Inc. (NASDAQ: MMSI).  This expansion will add an estimated 392 new jobs, paying $95 million in wages over the next ten years.

The second annual Milford Renewable Energy Fair is scheduled for April 29, 2010. It will be held at the Milford High School in Milford, UT. USTAR is a sponsor and will exhibit at the event.

In an effort to bring innovative new technologies to market from Utah?s regional public colleges and universities, USTAR has launched the Technology Commercialization Grant program. With a typical award size of $30,000, these grants will assist faculty to prototype, test, assess markets, and commercialize new products and services in high-growth markets.

Known for its leadership in life-sciences innovation, Utah is launching one of the first projects of its kind in the nation. The BioInnovations Gateway is an incubator for emerging biotech and medical device companies.

The Utah State Energy Program (USEP) is making a little more than $8.5 million of the EECBG money available to local governments for energy efficiency retrofits and on-site renewable energy systems for municipal-owned buildings, as well as for energy efficient traffic and street lighting.

Latest disciplinary actions taken by DOPL.

The Utah State Energy Program (USEP) has announced the recipients of grants using American Recovery and Reinvestment Act (ARRA) funds. The grants were awarded in two different categories

Mexico provides great opportunities for Utah Businesses.  This seminar will educate Utah companies on how to best approach the Mexican market given the current economic situation.

The Leonardo and USTAR will host their first Leonardo After Hours event titled "Cashing in on Green (Energy" The event will run Dec. 8th from 5:30 p.m. until 7 p.m. at the Olive Bistro, 50 West 200 South, SLC.

USTAR 2009 Research Recap

Wed, 18 Nov 2009

From 2008 to 2009 the University of Utah experienced 16 percent growth overall in research awards ($306 million to $355 million), an impressive performance in a very tough economy for funding. Perhaps even more impressive is that USTAR faculty accounted for 27 percent of this growth, or $13.3 million in awards in FY2009.

Friday October 30, World Trade Center Utah, Salt Lake Chamber and GOED hosted His Excellency Jorge Dezcallar de Mazarredo Ambassador to the United States for Spain. The Ambassador met with Utah business leaders including Salt Lake County Mayor Peter Corroon, Executive Director of the GOED Mr. Spencer P. Eccles, Chairman of the Board of Governors of the Salt Lake Chamber Mr. Jake Boyer, President of the World Trade Center Utah Mr. Lew Cramer, and representatives from local universities.

Last Tuesday, the BioInnovations Gateway (BiG) facility was launched as an incubator "for emerging biotech and medical device companies, a high-tech training facility for the next generation of bio-innovators, and a contract research resource for Utah's life- science industry." What makes BiG unique is that it provides the platform for bringing together the state's USTAR program for scientific innovation and actually preparing students for jobs to be created.

Twenty-three companies were launched from new technologies developed at the university within the last year. The companies not only move research forward through the licensing royalty revenue they bring in, but they provide jobs for the people of Utah and help to strengthen the economy of the state.

Google CEO Eric Schmidt said Friday that Utah does well in starting high tech companies that are key to the state's economic future but has trouble keeping them going and growing them fast enough. At Salt Lake City's Grand America Hotel to address the Utah Technology Council's Hall of Fame dinner, the head of perhaps the world's leading technology company said there are things the state should do to help start and nurture high tech businesses.

This Industry Day will present information about the upcoming Utah Data Center program and the anticipated acquisition strategy at Camp Williams, Utah.

To acknowledge the Utah Technology Council (UTC's) 11th annual Hall of Fame celebration this Friday, October 23, 2009 Governor Gary R. Herbert declared the week of October 18-24, 2009 Technology Hall of Fame Week in Utah..

A new publication is now available for career planning, or just finding a job ?the new Career Guide, from the Department of Workforce Services. The publication is packed with helpful advice on how to assess skills, personality and interests. This publication is for anyone who has finished high school no matter what age or training level.

The U.S. Bureau of Labor Statistics tells us that most workers will change occupations several times during their work lives. Yes, you will probably move on to bigger and better things. You might decide you hate your current occupation and want to do something else. Or, you might lose a job through no fault of your own during a recession. Remember that saying ?constant change is the only constant?? In the labor market, change is inevitable.

Unemployment is rising in northern Utah.  Get the latest data for northern Utah in this report.

The Business Development Board of The Governor?s Office of Economic Development (GOED) met last week to expand an incentive offer made previously to Goldman Sachs. The increased incentive is based on the company?s decision to nearly double the number of jobs it is considering adding to an existing regional office based in Salt Lake City.

Subjects focused on topics designed to assist Utah Small Businesses expand marketing to include Government Contracts (Federal / State / Local Government) Register at:

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