236. Scott Cuthbertson — A Holistic Approach to Economic Growth and AI

Business Elevated

In this episode, Pete Codella, managing director of business services at the Governor's Office of Economic Opportunity, talks with Scott Cuthbertson, founder and CEO of Alpen Associates. Cuthbertson discusses his inspiration for the company, where he combined his 15 years of experience in management consulting with his recent work in economic development in Utah. He identified a need for companies that had been incentivized to come to the state to receive ongoing support to realize their vision fully. Alpen Associates offers a range of services to both companies and communities, including site selection, navigating the incentives process, and evaluating public financing tools. Cuthbertson highlights the company's use of artificial intelligence to improve efficiency, including creating a tool to help match companies with suitable communities. He emphasizes the importance of the "human in the loop," suggesting that while technology is a great tool, human judgment, relationships, and personal integrity will become even more valuable. As an example of the company's work, Cuthbertson details a partnership with High Tech Solutions to develop a small modular nuclear reactor ecosystem in Utah. This initiative addresses Utah's growing need for energy, creates jobs, and establishes Utah as a national hub for nuclear energy.