Dear EDCUtah Members,
It is our pleasure to report that EDCUtah projects committed to create and retain nearly 15,000 jobs and invest close to $1 billion in Utah during FY15-16. Despite significant internal challenges this year, EDCUtah performed solidly against our mission to create jobs and capital investment in the state.
In addition to our Business Development success, EDCUtah also scaled up our Global Strategy & Outreach effort, made robust enhancements to our research and marketing collateral, and hosted more than a dozen events, both in-state and out-of-state, to introduce Utah to prospective investors and clients.
On the eve of our 30th anniversary, we are confident that EDCUtah is positioned with improved internal controls, loyal support from our investors, and an unwavering commitment to growing Utah's economy.
Please peruse the details of our FY15-16 accomplishments in the report below. We thank you for your ongoing support and look forward to an even brighter future for our organization and for our state.
Twenty EDCUtah Business Development projects announced their intentions to grow in Utah during FY15-16. Projects selected a range of communities, both urban and rural, from Box Elder to St. George. All of Utah's targeted industries were represented, including life sciences, outdoor products, software, energy, aerospace and more.
EDCUtah's Global Strategy & Outreach and Events teams had an excellent year, hosting recruiting missions, tradeshows and events in seven US states and two European countries. The Events team strengthened relationships with key site selectors and industry promoters, while GS&O added 68 new companies to the Business Development project pipeline.
EDCUtah's Research team published six new profiles on Utah's top industry sectors detailing areas of excellence, infrastructure maps, cost advantages and major employers. Months of primary research and professional graphic design resulted in sleek, modern and informative collateral and rave reviews from clients.
Our best tool for selling Utah is the success of our existing clients. With that in mind, EDCUtah created marketing collateral highlighting featured projects in key industries. These “Wins Posters” hang in our office and are featured at Events as credible endorsements of what’s working for business in our state.
Our Marketing team completed a ground-up rebuild of our website, on time and under budget. Easy to navigate, agile and mobile-friendly, the new site will be the cornerstone of an enhanced communications strategy slated for roll out in FY16-17.
"Derek played a crucial role in countless economic successes throughout the past decade. He continues to make a name for himself as an architect of economic opportunity and innovation in the great state of Utah. Our state is flourishing, due in part, to Derek's leadership and vision. Utah's economic stakeholders could not have selected a better recipient for this award. I am honored to call Derek B. Miller a friend and advisor."
-- Utah Governor Gary Herbert
"Since Mayor John Curtis was elected, more than half a billion dollars of investment has poured into Provo's downtown. During his tenure, Provo has become one of the nation's fastest growing economies, especially for entrepreneurial and startup businesses. He has successfully created public/private partnerships and captured the energy of the college students in Provo. He has connected with the community through social media, with thousands of residents following his blog. We join EDCUtah in recognizing Mayor Curtis's many contributions to our community."
-- Kevin J. Worthen, President, Brigham Young University
"The impact of City Creek extends far beyond the two blocks where it is located. You see its influence in the confidence of builders that followed, who knew – and still know – that this is a city that will continue to rise. You see it in the new businesses streaming into Main Street, the Broadway District, along 100 South and at The Gateway. And you see it in our future, manifest in plans for a privately-led projects like a public market, film and media center, new residences and new office towers. City Creek has catalyzed the growth of Utah's capital city and the economic strength of the entire region. I can't imagine what our state would look like without it."
-– Lane Beattie, President & CEO, Salt Lake Chamber