Strong economic clusters translate directly into tangible benefits for Utah’s businesses, citizens, and educational institutions. In clustered environments:
- Businesses have instant access to experienced workforce and suppliers, customized services, and critical business resources
- Related businesses can work together to achieve new economies of scale, distribution channels and increased profitability
- Universities can tap into new research funds and a larger pool of potential students
In the end, all of these factors combine to bring higher paying jobs, strengthen education and raise the standard of living in Utah.