Utah Business and Economic Development

"I’m glad he has that kind of passion," he said. "If every company got that passionate and tried to promote the state like that, who knows what we could do. I certainly would like to see a day where we could partner with people in and out of the state."

To keep ski-rival Colorado from snatching away that sponsorship, the Utah Board of Tourism Development agreed Thursday to spend $350,000 to hold onto that marketing plum – and pledged to extend the sponsorship agreement to a third year, provided the Utah Legislature appropriates money next session for that purpose.

The primary goal of the program is to develop
technologies with commercial potential in order to boost economic
development within the state of Utah through the creation of new
companies and enhancement of business opportunities for existing
business.

"We see a great opportunity for us to grow local businesses, and it doesn’t take a lot in rural Utah to create a meaningful job or a meaningful opportunity for them. This will give us the opportunity to really take care of that."

he luxury accommodations are putting Park City ahead of Aspen and Sun Valley in resort real estate sales and will increase one southern Utah county’s assessed property values by 20 percent.

"This is a program with a history of producing companies and having an important impact on the state’s economy," said Jan E. Crispin, who wrote the review for the University of Utah’s Bureau of Economic and Business Research. "And yet the state continues to fund it on, what I think, are these low levels."

These influences have helped give the state a reputation of being warm and welcoming to immigrants.

"[In] cities that are successful, one of the common threads is they have a unified vision that transcends political administrations,"

The UTOPIA system, short for the Utah Telecommunications Open Infrastructure Agency, has received a $66 million commitment from a new U.S. Department of Agriculture loan program designed to help small communities build up their telecommunications infrastructure.

The Web site designates business categories under "start up," "grow up," "move up," and "fire up."