SBA Economic Injury Disaster Loans Available to Utah Small Businesses
SACRAMENTO, Calif. – Small, nonfarm businesses in the Utah counties of Box Elder, Cache, Davis, Morgan, Rich, Salt Lake, Tooele and Weber are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the drought in Davis and Weber counties that began March 24, 2015, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center ‑ West.
How Salt Lake City And Utah Became The New Gold Standard
Austin envy is alive and well, especially on the heels of another jam-packed SXSW, but suddenly Utah is looking like the new benchmark for business and quality of life. A rash of new studies and rankings is proving that the Beehive State, and especially Salt Lake City, is increasingly the place to be.
Utah Named Top Enterprising State for Second Year in a Row
Salt Lake City—It’s one thing to say Utah has a growing and business-friendly economy, but it’s another to actually see just how the Beehive State stacks up against every other state in the nation. For an unheard-of second year in a row, Utah is near the top of its class and the most well-rounded of all its peers, according to a study by the U.S. Chamber of Commerce.
A celebration of the great products made in our state
The Utah Manufacturers Association has been working for nearly 110 years to promote products made in our state. From ATK’s solid rocket boosters that recently launched NASA’s Orion into the atmosphere, to Coca-Cola’s delectable and refreshing beverages, this state has made products that have transformed not only Utah, but also the nation.
The national unemployment rate recently dipped to 5.8%, a level last seen in July 2008, but the economic recovery has hardly been robust. Voters went to the polls last week and expressed their dissatisfaction. The economy is the most important factor for voters and seven out of 10 said it is still in bad shape.
Yet, pockets of the U.S. are prospering with strong business climates. You need to head west to find most of these spots. Eight of the top 10 states in Forbes’ annual study of the Best States for Business are west of the Mississippi. Leading the way is Utah, which previously ranked first between 2010 and 2012 before dropping to third last year.
Clearfield – ATK has completed The Boeing Company’s qualification for the manufacture of advanced composite primary structures for Boeing’s 787 Dreamliner. The composite frames will be produced in ATK’s new manufacturing clean room in the Freeport Composites Center in Clearfield, Utah.
Top 5 U.S. Cities for Young Computer Professionals (Ogden, UT #3)
You might think computer science is a young person's game dominated by whiz kids in hoodies. Think again. Nationally, a mere six percent of the computing workforce is younger than 25, compared to 13 percent of the workforce as a whole. What's more, the computing workforce is aging. This year, 43 percent is 45 or older, up from 35 percent in 2001.
Dan Rather discusses state of journalism with Utah businesses
Speaking Tuesday at the annual meeting of the Economic Development Corporation of Utah at the Grand America Hotel in downtown Salt Lake City, Rather described the World Wide Web and the digital era “as the single biggest change for journalism” that has taken place since his career began.
Could there be a greater economic opportunity for Utah than energy development in the Uintah Basin? Balanced, smart development of the Basin's massive energy resources could create thousands of Utah jobs, bolster every segment of the economy and improve the quality of life for everyone in the state.
Northern Utah Workforce Alliance - Closing the Skills Gap
Ogden-Symposium discusses improving a skilled workforce. Educators, business leaders and workforce service personnel gathered this week to discuss ways to meet the needs of Utah employers by providing skilled employees.
One way to meet those needs, is through the National Career Readiness Certificate, an assessment based credential that gives employers and job seekers a uniform method to measure necessary workplace skills. American College Testing developed the certificate, which it said can be used in closing the skills gap.
The “Concept to Company” competitions are ongoing entrepreneur contests held in various regions across the state of Utah. The main objectives of the contests are to encourage and support Utah’s entrepreneurial innovators with the intent of helping them turn their concepts into a company.Competitions are held in all regions of the state with each competition focusing on the unique entrepreneurial strengths of that region. Contests are completely free and prizes are awarded with no strings attached!
Utah is growing fast: the state’s population has doubled in the past 30 years, and planners expect the state will add another 2.5 million people by 2050. The fastest-growing areas are concentrated in the 90-mile stretch along Interstate 15 from Ogden to Provo, where new residents and businesses are arriving at some of the fastest rates in the country.
Anatomy of a move: Mercury Wheels relocates to Utah, and the region wins
Chris Mogridge could tell his family’s Oxford, Mississippi real estate development business was in for tougher times as the financial crises of the late 2000’s deepened.
“I was on the financing side of the business and could tell things were getting harder. No matter how much advertising I would do, sales were starting to slip. And the bank was getting funny with us borrowing money.”
Full Article -->
State Senate candidate addresses council
Ann Millner, current Utah State Senate candidate and former Weber State University president, sought input from the Morgan County Council Tuesday and informed them of her platform. “When I heard Sen. Reid decided he was not going to run for re-election, I felt it was a good fit in my individual public service role,” Millner said. Full Article -->
Shingo Prize Awarded to Barnes Group's Ogden Division
Ogden – The Shingo Institute, part of the Jon M. Huntsman School of Business at Utah State University, has awarded Barnes Aerospace, Ogden Division, a business of Barnes Group Inc., with the Shingo Prize. Full Article -->
Ogden Makes Forbes’ List of America’s 20 Fastest Growing Cities
OGDEN– Forbes has ranked Ogden No. 20 on its list of “America’s 20 Fastest Growing Cities.” Forbes started with the 100 most populous Metropolitan Statistical Areas and rated the geographic areas based on six metrics, including population growth, job growth, and the rate of economic growth for 2012. The magazine also factored in federal unemployment data and median salaries for local college-educated workers. Full Article -->