Opportunity Zones (OZ’s) are a new community development program established by Congress in the Tax Cut and Jobs Act of 2017 to encourage long-term investments in low-income and urban communities nationwide. OZ’s are an economic development tool—that is, they are designed to spur economic development and job creation in our distressed communities.  OZ’s offer investors […]

It’s no secret that Salt Lake City consistently ranks high for small-business start-ups. Analysts look at things like rate of entrepreneurship, population growth, net business creation, wage growth, and cost of doing business to grade our business community. And now, a new ranker  – Salt Lake City now makes the list as one of the fastest-growing […]

If you have ever considered expanding or relocating your business to Salt Lake City, now is the time to do it. You may be surprised at the amount of local and national support available to support your project as well as the progress that is being made in these neighborhoods! This week’s highlight is Salt […]

Formed in 2016, under the leadership of Mayor Jackie Biskupski, Salt Lake City’s Department of Economic Development is focused on building Salt Lake City as a vibrant, beautiful, prosperous, diverse, and authentic place – a place that is economically accessible to everyone. The vitality and growth of our businesses is a fundamental element of our […]