How to participate in Economic Development Week and help the local economy

Local News

SALT LAKE CITY, Utah(News4Utah) This week is Economic Development week. Right now Salt Lake City is celebrating with some fun events you can get in on, as well. Lara Fritts, Director of the Salt Lake City Department of Economic Development, joined Emily Clark, to talk about these events and why they are crucial.

Economic Development Week is happening now through May 12th. It was created by the International Economic Development Council (IEDC), a professional development group who helps raise awareness of economic development around the world.

It is their 2nd year participating. Salt Lake City joins over 150 counties, cities and towns
throughout country who participated last year. Fritts says it’s exciting to watch their peers rally for the practice and profession.

The Department’s goal for Economic Development Week is to increase awareness for Salt Lake City’s programs that create jobs, advance career development opportunities, and increase our quality of life.

The City participates because it’s a time to celebrate the economic development success stories seen in Salt Lake City. Since the City created the Department of Economic Development nearly 2 years ago, there has been over 9,000 jobs created and nearly $1-Billion in investments in Salt Lake City.

The week was kicked off with an official proclamation from Mayor Jackie Biskupski. Fritts says they are so thankful to our elected officials for seeing the value of the profession.

On Tuesday, a microbrewery tour with 4 local Salt Lake City beer makers was held. Salt Lake City’s
craft beer community has grown to become a creative and flourishing industry playing an important role in tourism and contributing $450 million to the Utah economy each year. In fact, Salt Lake City Mayor Jackie Biskupski recently proclaimed April as “Craft Beer Month”

If interested, you can stop by Cytybyrd Cafe at the City County building on Friday at 8:30 a.m.You can grab a cup of coffee and mix and mingle with the Salt Lake City Department of Economic Development team. Bring your business plans and learn about development and redevelopment projects happening throughout Salt Lake City.

On Saturday May 12, they will hold an Ethnic Food Tour at 12:00 p.m. Celebrate just a few of Salt
Lake City’s culinary hot spots. Restaurants play a large role in Salt Lake City’s economy, so Fritts says they’re taking this opportunity say “thank you”. This tour will introduce you to some really great ethnic
food in the City. We’ll experience free samples and conversation with Oh Mai, Curry Fried
Chicken, and The Eklektik.

Economic development is at the core of well-being and quality of life for communities across the
United States. It is a group of policies, programs, and activities that seek to create and retain jobs
and ultimately facilitate economic growth.

It’s an exciting time to be living in Salt Lake City and we must recognize that the economy is
undergoing a profound transformation. Economic growth, by itself, does not lead to economic development. Fritts says their job is to make sure the growth is smart, and that they put Salt Lake City on a path to higher growth by improving the quality of life for all residents of Salt Lake City, and work side-by-side with local businesses and communities to help them thrive.

Economic development is a team sport, and it takes a lot of people to make that happen. Fritts says they are grateful for the partnerships we have going with “Team Utah.”

Visit www.slcgov.com for more information on this and other events.

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