This story appears in the September issue of Utah Business. Subscribe.
In an era marked by rapid technological advancements and evolving global markets, the importance of forward-thinking leadership cannot be overstated. Leaders who focus on planning and preparing for the economy of the future play a crucial role in shaping a prosperous Utah, ensuring that everyone reaps the benefits of progress.
In a strategic effort to drive Utah’s business community forward, the Salt Lake Chamber is excited to announce that the Economic Development Corporation of Utah (EDCUtah) will be joining the Salt Lake Chamber organization. This decision has come after careful consideration, and boards of both organizations have agreed to move forward with a framework and process for EDCUtah to join the “family of teams” within the Salt Lake Chamber.
The Salt Lake Chamber and EDCUtah are perfect collaborators because both organizations share a commitment to driving economic prosperity and supporting business success in Utah. While EDCUtah focuses on attracting and retaining businesses through strategic economic development efforts, the Salt Lake Chamber amplifies these efforts by providing a robust support network and advocating for policies that create a favorable business environment.
The Salt Lake Chamber, Utah’s largest and longest-standing business association, serves as the voice of business in Utah, advocating for policies and initiatives that promote economic growth and enhance the business climate. It offers a wide range of services, including networking opportunities, professional development and legislative advocacy, all aimed at fostering a thriving business community.
EDCUtah is a private, nonprofit organization dedicated to promoting economic growth and prosperity in Utah. It partners with state and local governments, businesses professionals, and community leaders to attract and retain high-quality jobs, foster innovation, and support business expansion and relocation within the state. For nearly 40 years, EDCUtah has provided comprehensive support services, including site selection assistance, market data analysis and workforce development resources, to help companies succeed in Utah’s dynamic economy.
Aligning the strengths of EDCUtah and the Salt Lake Chamber will increase the collaboration and effectiveness of both organizations.
Utah has grown from a small state to a midsized state, and gone from a strong economy to an elite economy. By bringing together the extensive networks and resources of both organizations, there will be a greater capacity to advocate for policies and initiatives that support business growth and economic prosperity, further solidifying Utah’s position as a leading hub for businesses in the nation.
EDCUtah will continue to perform as Utah’s premier statewide economic development organization, maintaining its name and brand. They remain Utah’s primary point of contact for site selectors and corporate decision-makers, offering quality business expansion and relocation services, best-in-class economic research and data, and partnerships with public and private sector organizations across Utah.
This is an opportunity to enhance the brand and mission of EDCUtah, as it will both add to and benefit from the Salt Lake Chamber’s large, statewide business base and community support. By leveraging a combined statewide mission, resources, capabilities and expertise, both entities will become stronger and increase Utah’s prosperity.