As people who read business news know, Utah has been and is continuing to have a fantastic economic year. While wages have stagnated across the country and in various industries, they continue to grow in Utah. New businesses are moving and opening in the state as well, taking advantage of the pro-business environment and the educated and hardworking people who live there. So what else makes Utah such a good place to open a new business and make your mark in the world? It turns out that somewhat new Business Resource Centers (BRCs) enacted by the state government have a lot to do with it.
The BRCs were a product of the 2008 legislative season in the state of Utah. They were created with the purpose to help create and support small business growth across the whole state. There are currently 14 in existence, spread across the state, and they work hand-in-hand with both the Governor’s Office of Economic Development (GOED) as well as colleges, universities, and other educational institutions. They aim to create a one-stop service for small businesses work hard to educate the community about all of the services they offer, including workshops, outreach efforts, marketing, and other services. Inside each BRC are things like Small Business Development Centers (SBDC), Procurement and Technical Assistance Centers (PTAC), Custom Fit, Utah Manufacturing Extension Partnership (MEP), USTAR, and others that are all aimed at helping small businesses grow and do the best they can.
While big cities like Salt Lake City and others might not find BRCs as useful, they can be a business saver in the more rural areas of Utah where there isn’t as easy access to pre-existing infrastructure and support options. The BRCs allow smaller companies on the fringes of urban centers to even the playing field and access the same sort of support services, talent pools, and more that companies based in population centers have. This in turn means that there are strong, self-supporting, and well-developed small businesses all across the state, improving the economy all around and making sure that there are jobs so that there aren’t any economic migrations. Ideally more of these BRCs will rise up so that Utah can continue leading the country in matters of business, employment, and quality of living.
If you’d like to read more, the link is here.