Business Expansion and Retention (BEAR) Program

Existing firms within any community are the engines of economic growth and set the stage for the local business climate, create new jobs and improve the community’s overall prosperity and quality of life. As such, Summit County and its partner organizations have identified the need for a formal Business Expansion and Retention (BEAR) program in Summit County.

Central to the County’s BEAR program is a business outreach and visitation program. The data gleaned from this initiative will be used to highlight common systemic issues, improve or design program resources, and economic development strategies in the County.

The County’s BEAR program is a county-wide effort to investigate opportunities that improve the profitability of local businesses, acknowledge their inherent value to the region, and develop relevant business resources and to assist local companies:

  • Identify issues that impede business growth and economic diversification
  • Build relationships and express an appreciation to community businesses for their contribution to the local, regional and state economy
  • Facilitate businesses access to local, state and federal programs designed to improve their competitiveness

If you are a business in Summit County and would like to schedule a Business Expansion & Retention visit, please call 435-336-3221 or email Jeffrey B. Jones, AICP to set up an appointment.

Additional Resources

PandoLabs: Park City, UT

Kimball Junction Business Association

Park City Chamber of Commerce & Convention & Visitors Bureau

Park City Angel Network

Revolving Loan Fund

Incentives and Financing

The Governor’s Office of Economic Development

U.S. Small Business Administration

Directory of Utah Businesses

Rural Development

Park City Business Resource Center

Utah Department of Workforce Services

Bureau of Economic Analysis

  1. Gross Domestic Product by Industry, 1st quarter 2018

    Real estate and rental and leasing; information; and nondurable goods manufacturing were the leading contributors to the increase in U.S. economic growth in the first quarter of 2018. According to gross domestic product (GDP) by industry statistics...

  2. New Foreign Direct Investment in the United States, 2017

    Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $259.6 billion (preliminary) in 2017. Expenditures were down 32 percent from $379.7 billion (revised) in 2016 and were below the annual average of $359...

  3. U.S. International Trade in Goods and Services, May 2018

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $43.1 billion in May, down $3.0 billion from $46.1 billion in April, revised. May exports were $215.3 billion, $4.1 billion more...

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