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Governor Speaks of Challenges to Utah's Technology Industry

"We're on the move. Now is not the time to throttle back"

Utah's reputation in the technology and life science industries is strong and currently growing, according to Governor Jon Huntsman, Jr., who spoke to leading Utah executives at a recent CEO Roundtable discussion hosted by the Utah Technology Council (UTC). Huntsman also cautioned Utah business leaders that in many respects Utah still has a long way to go.

"Forbes Magazine lists Utah as number 4 in all 50 states as the best place to do business," Huntsman noted. "We're the best in the whole Western U.S. We're on the move. Now is not the time to throttle back."

When asked to summarize Utah's biggest challenges in the technology and life science arena, Huntsman said, "Our problems are capital, image and talent. These are the three areas I perceive to have deficiencies; they're the areas where we need to make improvements." As to his specific ideas, Huntsman stated that he envisions another Research Park emerging in Utah.

Huntsman praised the role the Utah Technology Council plays in keeping him up to date on pressing issues, and that technology companies can participate in enacting change. He believes Utah's next "big thing" in the technology sector will not be an idea emerging from state government, but rather something coming directly from the region's collective executive brains.