Utah Valley Has Become a Gem for Entrepreneurial Growth

Utah Valley has become well known as a center forvalley, is large and perfect for fishing, boating, and
new business growth. The surrounding region isswimming. To the south is the main highway that leads
perfect for recruitment, investment, recreation, realto Zions and Bryce national parks, and also the
estate, and economic growth.famous Lake Powell. The valley is surrounded by
Recruitingbeautiful mountains, which are perfect for hiking and
Utah Valley is the center for two major universities,camping.
Brigham Young University BYU, and Utah ValleyReal Estate
University UVU. The two schools combined have overAs of June 2008, Utah Valley is among the nation's
50,000 students who all live with in a 15 mile radius. Theleaders in maintaining real estate value. Even during the
caliber of education from these two schools is notedcurrent real estate downturn being experienced in the
each year in major publications. Nationwide recruiterscountry, Utah has not experience large loss of value
frequently visit these campus looking because theyfor its homes, land, and commercial real estate.
know of the bright talent they find there.Additionally, new homes continue to be built around the
Experiencevalley at a staggering rate. Average home prices for a
Utah Valley is home to many wealthy, andfive member family range from $200,000 to $500,000.
experienced business leaders. Names include: StephenMany of these homes have large yards, and are
Covey, Donnie and Marie Osmond, the founder ofsituated with views of the valley. Utah Valley's crime
Neways and Nuskin, Dale Murphy, and many more.rate is also among the lowest in the nation.
There is plenty of investment capital and angelEconomy
investors eager to generate more wealth. Prior andUtah's unemployment rate is always well below the
current Utah Valley companies include, Omniture,national average. Business start up costs are very low
Novell, Word Perfect, and Geneva Steel.due to a young, well-educated workforce with strong
Recreationwork ethics. Recent State Government numbers
Utah Valley is the gateway to many of Utah's worldshow continued growth for the state due to low
renown recreation sites. To the north, are Alta,business taxes, and a growing population. During June
Snowbird, and Park City, known for the best snow on2008 over 50,000 new jobs were created in the State
earth. The ski resorts are open from late November towith many of those in Utah Valley. Much of the recent
early April. Utah Lake, located in the center of thegrowth is due to increase in Technology businesses.