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Providing Opportunities For Business To Do Business
The Provo City Office of Economic Development has been
given the mandate to promote and enhance doing business
in Provo. New opportunities are available for both startup
enterprises and growing companies. The Economic Development
staff is committed to facilitating and meeting the needs of the
Provo business community.
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Top Ten Reasons to do Business in Provo
January 2008 - Expansion Management ranked Provo as a 4-Star Business Opportunity Metro area. Rankings were based on seven mayor studies and surveys: Education, Healthcare, Quality of Life, Logistics, College Educated Workforce, and Legislative.
October 2007 - Milken Institute - Provo/Orem ranked 8th for best performing cities. Up from 23rd last year, the ranking represents the return of technology dependent economies. Job growth is currently five times greater than the national average.
Work Force - 70,000 strong. Woods and Pool Economics declared Provo "one of the nations most intelligent work forces", with proven ability in foreign languages, foreign service experience, high education levels and strong work ethic.
A Young Work Force. Over 45% of the Provo population is between the ages of 20 and 34 year old.
Education - Over 35% of population over 25 have a Bachelor degree or higher.
Home of Brigham Young University - Business Week ranked BYU Undergraduate Business programs #7 in the nation and is considered 1st among recruiters.
We speak your language - 75% of the student body at Brigham Young University speaks a second language and 67 different languages are taught at the University.
Your business will benefit from Provo’s competitive rates and fees and our locally owned power company. Provo City Power is the largest municipally owned electric system in the state and provides reliable, low cost electricity.
You are in good company in Provo.... Headquarters of Novell, Nuskin, Morinda-Tahitian Noni International. and DHI Computing Services. Also located in Provo: Dynix Corp., MyFamily.com Inc., Excelgraphics, and Nature Sunshine Products, Inc.
iProvo/Telecom - The advanced telecommunications network infrastructure being built and owned by the Provo City Energy Dept..Telecommunications services will be available, such as voice/phone, video/cable, data/Internet/e-mail, and home/business security, but speeds and capacity will be faster than most current offerings. In addition, fiber-to-the-premise will allow many services not possible with current technology, such as fully interactive distance learning, full-motion videoconferencing, uploading and downloading of immense graphics files, telemedicine applications, business to business connections, telecommuting, etc.
A small town feel with the convenience of business and industrial parks, historical downtown Provo with an active Downtown Alliance, and a convenient airport for chartered flights. |
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