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Introduction

Salt Lake County is in the heart of Utah's economic core. The Salt Lake valley is home to nearly 1 million residents and 40,000 businesses. A good number of those businesses are high technology businesses.  Salt Lake County is home to 56% of the technology jobs in Utah. Just under 3,000 technology companies employ workers in Salt Lake County.

Utah has long been on the cutting edge of technology beginning with the early pioneers who channeled mountain streams into an elaborate irrigation system that made the then desert Salt Lake Valley blossom. Utah born Philo T. Farnsworth produced and patented one of the greatest inventions in history: the TV. Other Utah inventions such as the first hearing aid, artificial kidney, artificial heart, artificial arm and disposable catheters have revolutionized medicine. The University of Utah (located in Salt Lake City), Brigham Young University in Provo and Utah State University in Logan continue to produce life-altering innovations in computer science, aerospace, health care and communications.

Along with the research capabilities and technology innovations found in Salt Lake County, companies continue to move and grow here because of traditional factors as well.

Labor force: Utah has a growing workforce which is young and technology-literate. From 2007 through 2008, Utah was the fastest growing state in the U.S. followed by Arizona, Texas, North Carolina and Colorado. In the year ending 2008, Utah added just 1,919 new jobs, for a job growth rate of 0.3 percent. Compare that rate with the national job rate of -2.0 percent. Utah's workforce is still one of the youngest and most educated in the nation. Utah ranks 5th in the nation in the percentage of adults who have completed high school. Plus, over 29 percent have a four-year college degree or higher.

Infrastructure: Salt Lake County has the necessary transportation and communications infrastructure required by high tech companies. This infrastructure was significantly upgraded in the past several years, partly in preparation for the 2002 Olympic Winter Games. Several cities in Salt Lake County are members of UTOPIA, a private, non-profit organization providing an ultra-broadband fiber optic network available to every home and business within their city. Construction has already begun in a number of cities including: Midvale, Murray and West Valley City.

Location: Salt Lake County is the cross-roads of the West. Although not as critical as in the past, geographic location and critical mass are still an important consideration in developing industry clusters, including distribution. Utah has a central proximity to all the developing technology hubs in the western U.S.

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