The Utah Governor’s Office of Economic Opportunity (GOEO), the Economic Development Corporation of Utah (EDCUtah), and the Utah Inland Port Authority (UIPA) have united to accelerate economic opportunity and create new opportunities for Utahns.
The partnership aims to align incentives, promote targeted business growth, and foster responsible economic development strategies, all with the goal of ensuring that every Utahn has access to their chosen economic pursuits and improved quality of life. This new partnership is a national best practice that will serve as a model of economic collaboration for the rest of the country and will ensure that Utah continues to grow and attract the best global brands to the state.
“This collaboration marks a significant milestone in our commitment to driving economic prosperity in Utah,” said Ryan Starks, executive director for GOEO. “EDCUtah, UIPA, and GOEO are linking arms to bring about impactful and sustainable investments, strengthening our economy for the benefit of all Utahns.”
Key principles of coordination include:
- Collaboration – work together to promote strength and resilience in the Utah economy via impactful and sustainable investment in project areas state-wide.
- Transparency – share information, resources, and work as needed and as appropriate to achieve our common purpose.
- Support – build up and strengthen one another both publicly and privately.
- Trust – maintain confidence in our team members’ competence, and we act accordingly.
- Outcome-oriented – pursue team wins rather than individual agendas.
- Promotion – take every opportunity to publicly endorse our partnership as well as the
- other individual organizations.
“EDCUtah’s mission is to catalyze capital investment and strategic economic opportunities that create quality jobs in Utah,” said Scott Cuthbertson, president and CEO of EDCUtah. “This partnership bolsters our ability to attract businesses to UIPA project areas and strengthens Utah’s economy.”
Scope of Services include:
- UIPA will fund one full-time employee at EDCUtah to facilitate coordination among GOEO, EDCUtah, and UIPA, ensuring effective delivery of the partnership’s objectives.
- EDCUtah will provide essential services, including business development functions, community strategy functions, and additional promotional services, to support UIPA’s mission and goals.
“UIPA is dedicated to fortifying Utah’s position as a global leader in logistics and logistics technology while responsibly managing our state’s resources,” said Ben Hart, executive director of UIPA. “This partnership reinforces our commitment to regional economic growth and alignment with local communities.”
This groundbreaking partnership between GOEO, EDCUtah, and UIPA promises to stimulate economic growth, attract businesses, and enhance the quality of life for all Utahns.
