Utah is world-famous for its beautiful landscapes, “Best Snow on Earth,” and much more. The Beehive State, known for its strong work ethic, is among the top economies in the USA and the world. Utah is ranked the No. 1 overall best state and has the No. 1 best economic outlook for the 17th year in a row.
Many international businesses chose to expand to or establish headquarters in Utah, including Adobe, Qualtrix, Pluralsight, BambooHR, Goldman Sachs, Amazon, Northrop Grumman, Microsoft, Overstock.com, Facebook, SkyWest Airlines, eBay, and many others.
Key incentives driving Utah’s positive business climate include:
- A young and talented workforce
- Low unemployment rate
- International airport
- Generous tax credits and rebates
- Grants for businesses, including rural expansion
- Large investment of venture capital
- High quality of life
47G is building the world’s premier ecosystem for aerospace, defense, and cyber companies in Utah with a mission to foster talent, fund entrepreneurship, and fuel innovation. The 47G ecosystem comprises over 120 companies and 20 academic institutions working to solve critical national security challenges across three industry sectors.
As part of the 47G ecosystem, the 47G UAMMI Institute strengthens Utah's ability to win federal investment for workforce training, industry development, and research. The institute also leads a critical minerals consortium in the Intermountain West.
Want to learn more? Visit 47G.org, follow on LinkedIn and X, and subscribe to the 47G YouTube Channel.
The Utah Inland Port is leading the charge in developing forward-thinking, sustainable logistics solutions that not only spur economic growth but also significantly enhance the quality of life for Utahns.
With a clear vision of establishing Utah as a pivotal hub in global industry, we are dedicated to nurturing growth, championing sustainable progress worldwide, and employing innovative logistics strategies. Moreover, by collaborating with communities across the state, we are setting a foundation for positive generational impact, ensuring a brighter future for all Utah residents.
You can learn more about our unique project areas here.
Want to learn more on why you should locate in our project areas? Visit here to see what financial tools may be available to you.
The Point has appropriately been called a "once-in-a-generation development opportunity” for Utah. The 600-acre parcel of state-owned land is at the epicenter of one of the fastest-growing regions in the country at the heart of Utah’s burgeoning technology sector, “Silicon Slopes.” The strategically planned development at the site will create a future-focused mixed-use community, creating tens of thousands of high-paying jobs, promoting sustainable living, and catalyzing cutting-edge research and innovation. With beautiful mountain views, outstanding recreational opportunities, and a range of housing choices, The Point will be a vibrant and welcoming community. The site has frontage on I-15 and will be served directly by a commuter rail station, light rail, and an internal circulator.
More information about The Point is available at www.thepointutah.org or by calling Alan Matheson at 801-554-5496.
Utah City is a visionary 700-acre development in Utah’s fastest-growing county. Designed by renowned city planner Jeff Speck and DPZ, this master-planned mixed-use community merges a dense urban experience with the breathtaking Utah landscape. Nestled along Utah Lake’s eastern shore, Utah City offers walkable, sustainable living with 360-degree mountain views. It is strategically positioned at a transportation nexus with a working rail station and along the I-15 corridor, providing seamless connectivity to northern and southern Utah. Promising a vibrant, wellness-focused lifestyle in one of the nation's fastest-growing states, Utah City stands out as a unique opportunity with its highly connected location and a large, young, educated, and growing population.
Learn about the vision for this new city here. More details are available at utahcity.com.