The University of Utah Research Park is located on the campus of the University of Utah. Established in 1968, Research Park was intended to stimulate economic development within the State of Utah and encourage graduates from the University of Utah to stay in Salt Lake City by providing convenient access to research jobs. The university has helped to produce multiple businesses from the work of University students and researchers. Research Park currently has 48 companies along with 81 university departments with a workforce of more than 14,000.