Economic development

In this Friday, Nov. 16, 2012 file photo, construction worker Elabert Salazar works on a house frame for a new home.

Associated Press

The burgeoning IT corridor in southern Salt Lake County and northern Utah County stands poised to be the focal point of Utah's economic future, and building a workforce capable of dominating within that field is emerging as a priority for the Utah Legislature 2013 session.

Be they the ever-changing future of high-tech or the centuries-old art of homebuilding, Utah businesses need educated, well-trained and productive workers and policies that encourage the free market. When families are economically stable, they can more easily turn their attention to teaching values that build a vibrant society.

Gov. Gary Herbert's proposed state budget focuses on bolstering public, higher and technical education with a nearly $300 million infusion of additional money. Congress will play a role in deciding how state tax revenue will be spent. Herbert's goal of having 66 percent of all Utahns earning a college degree or technical certificate by 2020 is expected to be a key issue during the legislative session and part of the funding debate.

The Salt Lake Chamber has listed specific suggestions for lawmakers during the session, including:

- Providing public schools $43.6 million for computer-adaptive testing, ACT testing for every high school student, and science, technology, engineering and math education.

- Giving higher education $20 million for high-growth, high-wage degrees in science, technology, engineering and math and health professions.

- Giving the Utah College of Applied Technology $9.75 million to increase capacity at its campuses to produce 153,000 more certificates by 2020.

- Sustaining the Science Technology and Research initiative (USTAR) with $3 million of on-going funding and increasing its ongoing research allocation by $9 million annually.

- Funding a life sciences tax credit for medical device, diagnostics, drug delivery and biotech companies.

Follow the Deseret News' ongoing legislative coverage to learn more about the state's economic development and other issues that matter to Utah families.

Salt Lake City, Provo-Orem areas ranked high by Forbes as best cities with jobs

Salt Lake City and the Provo-Orem area among the best for job growth, according to Forbes magazine. Read more »

May 8, 2013

3 comments

White House recalculates cuts

The White House budget office is recalculating how to apply automatic spending cuts for a handful of agencies, freeing up almost $4 billion for the Pentagon and... Read more »

May 3, 2013

0 comments

eBay, Instructure expand into new facilities, add jobs

The technology presence along Utah’s “Silicon Slopes” continues to grow as two established companies move into brand new facilities and promise to... Read more »

May 3, 2013

0 comments

Local eye care group teams with nonprofit to help African villagers

The Utah Valley Eye Center teamed with the Ouelessebougou Alliance to help bring sight to villagers in Mali. Read more »

May 2, 2013

0 comments

Gov. Herbert says he's first in U.S. to lead trade mission to West Bank

Gov. Gary Herbert said Wednesday he is the first governor to bring a trade mission to the volatile West Bank, where he met last week with the outgoing Palestinian... Read more »

May 2, 2013

1 comment

Teeples: Without convention center hotel, large-scale sporting events may not be in Utah's future

Salt Lake City lacks large hosting infrastructure seen in most other cities. Local lawmakers and businessmen have been working to bring an arrangement with the state... Read more »

May 1, 2013

8 comments

Comments
  • Oldest first
  • Newest first
  • Most recommended
to comment

DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
About comments