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Utah Entrepreneurship Day

Thu, 25 Aug 2011

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.

USTAR's August Newsletter

Mon, 15 Aug 2011

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.

Pay in Utah

Wed, 29 Jun 2011

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.?

Utah Valley University?s Woodbury School of Business will bring together Chinese officials, international experts and the business community for a one-day conference developed to provide an educational and networking resource for those interested in conducting business in the Asian Pacific. The inaugural ?Doing Business with China? conference will take place on Thursday, May 12, from 8:30 a.m. to 1:30 p.m. in the Sorensen Student Center.

This event is essential for Utah companies currently doing business or who are planning on doing business in Europe. Participants will benefit from key industry presentations by Utah Cluster directors in the Aerospace, Energy, Life Sciences, Information Technology and Outdoor Products Recreation industries.

Utah experts in building energy efficiency, UBEES, gathered in Washington D.C. to accept the Energy Star Partner Award from the EPA. UBEES, a public/private partnership is working with business, schools, churches, utilities, and residents to reduce energy use in buildings in Utah.

University of Utah Health Care is the only academic health-care system in the Intermountain West, providing some of the world?s most specialized medical care to the people of Utah and five surrounding states.

Utah is on its way to generate energy and produce biofuels from algae grown in wastewater ponds. Kevin Shurtleff, the director of the Utah State Energy Dynamics Lab says that wastewater from coal-fired power plants or municipal sewage could serve as an excellent source of carbon dioxide and nitrogen, which algae require.

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