Salt Lake City Department of Economic Development

Yesterday, we partnered with the Salt Lake City Education Foundation, the Salt Lake City School District, and industry leaders including DiscGenics, Krado Inc., and CleanJoule to host “Innovation Day” for around 50 middle school students. The event provided an engaging introduction to biotechnology through interactive sessions and hands-on activities. Students explored important concepts in science and sustainability, learning about different pathways to careers in the field. With this program, we aim to inspire, educate, and empower the next generation of innovators and leaders while highlighting biotechnology’s real-world applications in health, agriculture, and energy. Also a big thank you to our sponsors Utah STEM Action Center and Utah System of Higher Education (USHE)! #TechLakeCity

The Salt Lake City Council has approved an Economic Development Loan Fund (EDLF) loan for Policy Kings, which will be located at 79 W. 900 South! This brewpub, originally established in Cedar City, will provide a safe space for beer enthusiasts to gather, find community, and connect over great music, events, and delicious craft beers. The $75,000 EDLF loan, facilitated by the Department of Economic Development’s Business Development division, will support renovations, equipment, and working capital for Utah’s first Black-owned brewery. The EDLF Loan aims to stimulate business development and expansion, create employment opportunities, encourage private investment, promote economic development, and enhance neighborhood vitality and commercial enterprise in Salt Lake City by making loans available to businesses. The program’s overarching goal is to invest in viable businesses that produce strong economic returns and provide positive social and environmental impacts.

We visited Leavity Bread and Coffee with Mayor Mendenhall! Founded by Todd Bradley, Leavity specializes in breads made from quality ingredients, primarily organic, heirloom, and whole grains. Located at 1000 S Main St, they bake fresh bread daily, available starting at 8 a.m. until sold out! ?? Leavity Bakery is also an EDLF recipient. The EDLF’s purpose is to stimulate business development and expansion, create employment opportunities, encourage private investment, promote economic development, and enhance neighborhood vitality and commercial enterprise in Salt Lake City by making loans available to businesses. To learn more visit, https://www.slc.gov/ed/

Meet some of our Business Advisory Board Members! Isaac Atencio represents District 2 for Salt Lake City. Housed in the Department of Economic Development, the Business Advisory Board seeks to encourage economic development and targeted industry relocation within City boundaries. The board also helps direct City economic policy, promote small business growth, support local entrepreneurship, and assist the City in remaining responsive to the business community.

Council Member Wharton and city staff took part in Diplomacy Day at the Capitol to highlight the importance of international relationships through our Sister City Program. Congratulations to Jeanette Misaka and Gwen & Bob Springmeyer on receiving the Citizen Diplomacy Award for their decades of dedication to the program and commitment to peace through people. Salt Lake City proudly maintains six Sister City relationships, fostering global understanding and collaboration. To learn more about the program, visit https://lnkd.in/gzY7YZxS

Salt Lake City’s E2 Business Program?helps the local business community operate in a more environmentally and economically sustainable way by providing free consulting, strategic resources, and peer engagement events. Managed by Salt Lake City’s Sustainability Department, the program is free for any business located within Salt Lake City. Questions? Interested? Contact the program manager, Peter Nelson, at [email protected] or visit https://lnkd.in/gnnW4PEm.

Our Sister Cities staff will be tabling at Diplomacy Day! Make sure to stop by and say hello! To learn more about our Sister Cities program, visit our website here: https://lnkd.in/ggYJMAAz

The Salt Lake City Council has approved an Economic Development Loan Fund (EDLF) loan for The Goat Head, located at 702 South 300 East! This new restaurant will offer a unique culinary experience in Central City, featuring vegan and vegetarian specialties. The $100,000 EDLF loan, facilitated by the Department of Economic Development’s Business Development division, will assist with tenant improvements and equipment needed to launch the restaurant, reactivating a prominent corner affected by the pandemic. The EDLF Loan aims to stimulate business development and expansion, create employment opportunities, encourage private investment, promote economic development, and enhance neighborhood vitality and commercial enterprise in Salt Lake City by making loans available to businesses. The program’s overarching goal is to invest in viable businesses that produce strong economic returns and provide positive social and environmental impacts.

Meet some of our Business Advisory Board Members! Barri Allaire represents District 6 for Salt Lake City. Housed in the Department of Economic Development, the Business Advisory Board seeks to encourage economic development and targeted industry relocation within City boundaries. The board also helps direct City economic policy, promote small business growth, support local entrepreneurship, and assist the City in remaining responsive to the business community.

Brewing a bright future! ?? The Salt Lake City Council recently approved a $350,000 Economic Development Loan Fund (EDLF) loan for Frontier Fruit, LLC, a taproom and full bar opening soon in the Ballpark neighborhood. Frontier Fruit will be part of the new Shades of Pale project, revitalizing the old Engine Block Building at 1388 South and 300 West. They plan to serve unique beers that appeal to both adventurous palates and traditional beer lovers. Their portfolio includes everything from celebrated sours to classic ales and lagers, ensuring there’s something for everyone. Working with the Business Development division of the Department of Economic Development, Frontier Fruit received the loan to assist with machinery and equipment, furniture and fixtures, leasehold improvements, and contingencies. The EDLF Loan aims to stimulate business development and expansion, create employment opportunities, encourage private investment, promote economic development, and enhance neighborhood vitality and commercial enterprise in Salt Lake City by making loans available to businesses. The program’s overarching goal is to invest in viable businesses that produce strong economic returns and provide positive social and environmental impacts.