31/08/2023
💻 companies and 👩💼 talent are flocking to for its unique lifestyle offering and family-focused culture.
📈 The rapid growth of the tech community in ‘Silicon Slopes’ – a stretch of cities along the Rocky Mountains from Ogden through Salt Lake City to Provo – has been remarkable. In 2022, there were almost 67,500 tech jobs in Utah's state capital Salt Lake City, an increase of 12% on the pre-pandemic year 2019, according to the CompTIA.
🦄 Recent growth is based on strong foundations. Relative to the size of the state's economy, Utah is only behind California for the number of unicorns founded in its borders between 1991 and 2021, according to an analysis undertaken by Ilya Strebulaev at Stanford University Graduate School of Business. Utah-founded tech success stories include Overstock, Vivint, Omniture, Pluralsight, Domo, Divvy and Qualtrics.
⛷ Entrepreneurs have moved their lives to Utah for its well established tech scene and unique outdoor activities – including skiing, hiking, mountain biking and more. Tony Lewis of Aumni says his decision to move was "a culmination of business, life and family choice of wanting to move and raise our kids in a great geography."
⛪ Utah's inseparable development with the Mormon Church makes it a unique tech ecosystem. "That thoughtfulness in building community, even with that rugged individualism that is so common in the western US, has made Utah a very unique place,” says Governor Of Utah Spencer Cox
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The city’s outdoor activities and family-oriented culture help attract talent and start-ups