Another critical investment we are making is our unflinching focus on the fundamentals that govern economic success, such as getting government off your back and out of your wallet, sensible regulations, living within our means, saving for a rainy day, and limited and efficient government, just to name a few.
As a result, Utah's economy is the envy of the nation. Our unemployment rate is the third lowest in the nation, and our private-sector job growth rate is the highest in the nation. Utah also has developed the fourth most diverse economy in the country and has been recognized as the No. 1 state in America for upward mobility.
Read MoreState governors on why their state is the top state for business
For all Utah's success, we are not satisfied.
It's not enough for just us to invest in Utah; more and more we are encouraging businesses around the world to follow suit. We want them to invest in and become part of Utah's future, and to allow Utah to invest and become part of theirs.
From 2013 to 2014, venture capital dollars in Utah grew by nearly double the national rate, and we now outrank Silicon Valley in the average amount of money invested per deal. That caught the attention of The New Yorker magazine, which recently published an article that proclaimed Utah "the next Silicon Valley."
Wherever we go, our message to the national and international business community is the same: Now, more than ever, Utah is the place to invest and to do business.
—By Utah Gov. Gary Herbert