Economic Development Strategy Institutional Frameworks – Public  Salt Lake City – Private  Chamber of Commerce – Partnership  Economic Development Corporation of Utah Locality Development Business Development Human Resource Development Community Economic Development

Locality Development Landbanking & community trusts Infrastructure improvements to commercial and industrial land Speculative buildings Zoning regulations Business improvement districts Regulatory streamlining Housing and neighborhood services Community services

Business Development 1 Permitting ombudsman One-stop business assistance Start-up and venture capital/incubators Small business development centers Micro enterprises Women’s enterprises Promotion and tourism Enterprise zones

Business Development 2 Financial incentives  Development – Tax abatement – Land and building write downs – Low interest “mezzanine” loans – Tax increment financing Financial incentives  Jobs – New worker corporate tax credit – Sales and property tax rebates related to new jobs – Targeted training assistance

Human Resource Development Workforce development – Job and skill matching – Placement services – Transportation – Family-based support for workers GED Targeted skills training and retraining Professional and continuing education

Community Economic Development Community development corporations Housing development corporations Community cooperatives Local enterprise agencies; public-private partnerships Employee/worker ownership Targeting and marketing neighborhoods, small-scale business areas