63N-1a-103.  Purpose.

(1)  The mission of the Economic Opportunity Act and the entities established herein is to catalyze strategic economic opportunities for all residents of the state with a vision of creating economically thriving communities, businesses, and families throughout the state.

Terms Used In Utah Code 63N-1a-103

  • State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
  • Targeted industry: means an industry or group of industries targeted by the commission under Section 63N-1a-202, for economic development in the state. See Utah Code 63N-1a-102
(2)  The mission and vision are realized through targeted efforts that demonstrably improve quality of life, measured by the extent to which the efforts accomplish the following strategic goals:

(a)  catalyzing targeted industry growth;

(b)  supporting economically thriving communities;

(c)  empowering students and workers with market-relevant skills;

(d)  stimulating economic growth in rural and multicultural communities through household level efforts; and

(e)  securing healthy and resilient ecosystems for current and future generations.

Enacted by Chapter 282, 2021 General Session