FAQs: EDCUtah, the Salt Lake Chamber, and 22 New Projects
Economic Development Corporation of Utah (EDCUtah)
A catalyst for quality job growth and increased capital investment
A lot has changed at EDCUtah in the last few months—and a lot has stayed the same! In this article, we answer frequently asked questions about the latest news and initiatives at EDCUtah, including our combination with the Salt Lake Chamber , our continued partnership with the Utah Governor's Office of Economic Development, and the Business Development team’s record-breaking month for new projects . ?
One of the biggest questions we hear is, “Where will my EDCUtah investment go now that EDCUtah is combining with the Chamber?”
EDCUtah and the Salt Lake Chamber will remain distinct organizations with defined missions, unique services, and separate accounts. Investment in EDCUtah will not be commingled with Salt Lake Chamber funds and vice versa. EDCUtah is still a mission-driven nonprofit that supports economic development in communities across Utah, and connecting corporate expansion projects to Utah communities and industry experts is what we do best. ?
Investment at every level provides invaluable support to our team and mission—and there’s a tangible benefit to investing in EDCUtah. Every $1 you invested in EDCUtah in the 2024 fiscal year will generate an estimated $3844 in Utah’s economy. This number includes the direct, indirect, and induced financial impact of project wins announced in the 2024 fiscal year. EDCUtah investors are the engine behind Utah’s economic success, and your support has a direct impact on the project wins Utah has seen statewide. ?
Who should investors send their project leads to? ?
Send them to us! EDCUtah serves a broad array of corporate expansion and relocation projects—across all industry sectors and on behalf of all Utah communities. EDCUtah will maintain primary responsibility for site selector engagement, and we’ll continue to offer:
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What, if anything, has changed for the Business Development team in recent months?
Not much has changed in our day-to-day work. We have a process in place to ensure we don't duplicate efforts with our partners at the Governor’s Office of Economic Opportunity, and to help us know which team is managing a new project when it comes in.
We haven’t missed a beat, and our project pipeline is still strong. In fact, August was a record-breaking month for us. We added 22 new corporate expansion and relocation projects to our pipeline. For context, the Business Development team typically takes in an average of 9-11 new projects each month. This busy pipeline speaks to the confidence that site selection consultants and investors have in EDCUtah as the destination for white glove service and corporate recruitment expertise.
The Investor Engagement team meets regularly with investors to answer questions and gather feedback. How does that inform EDCUtah’s priorities?
We’re introducing a new service model for communities that will enhance our client experiences, and we’re creating more opportunities for investor collaboration with EDCUtah’s business development, research and marketing teams. Examples of this include:
How can EDCUtah investors stay up-to-date?
We use a variety of methods to get the word out. Our website is a great way to learn about EDCUtah’s team, upcoming events, and program offerings. EDCUtah staff have been reaching out directly to offer meetings and phone calls, and we’re available to answer questions and learn from your feedback. ?
EDCUtah investors receive exclusive email announcements, and we follow up on those email announcements with live updates at investor-only events like EDCUtah’s Quarterly Business Development Breakfast. We regularly celebrate joint wins and investor activity on social media. ?
If you’re an investor and you haven’t been hearing from EDCUtah, let’s get you connected! Send an email to [email protected] .
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