This is Derek Miller Speaking on Business.
Utah’s return to growth from the pandemic recession shows the strength of our economy’s fundamentals. This broad and diverse economic foundation was built deliberately through foresight, planning, and execution on goals. Now our competition is global and we must think about our innovation advantages and build those industries that will keep Utah the best place for business growth.
To achieve this, The Salt Lake Chamber created and launched the Wasatch Innovation Network. The Wasatch Innovation Network will bring together leaders and institutions to drive innovation across silos to broaden economic appeal and commercialization. The new organization plans to focus on four cardinal values around mentorship, growth, innovation, and acceleration to drive results for each participating group.
The Wasatch Innovation Network will connect industry to capital, startup to incumbent, and academia to market, with the purpose of creating a team of teams to scale out Utah’s innovation ecosystem.
The organization will provide Support for start-ups that includes mentoring, network development, assistance with capitalization, national and international engagement, and technology transfer from universities;
Through the Wasatch Innovation Network Utah can develop a first-in-the-nation innovation blueprint for other states to model.
I’m Derek Miller, of the Salt Lake Chamber, and this is “Speaking on Business.”