Business Incentives
Sanpete County Business Expansion Grant application: Application (PDF)
Application now OPEN- Due July 25, 2022, fill out application above and submit.
Eligible projects include: building purchase, building construction, building expansion, specialized equipment purchase, & infrastructure improvements. Minimum Requirements: Be in business 2+ years with a minimum of 2 full-time employees.
Application now OPEN- Due July 25, 2022, fill out application above and submit.
Eligible projects include: building purchase, building construction, building expansion, specialized equipment purchase, & infrastructure improvements. Minimum Requirements: Be in business 2+ years with a minimum of 2 full-time employees.
What is an Opportunity Zone?
Opportunity Zones are low income census tracts certified by the U.S. Department of the Treasury into which investors can now put capital to work financing new projects and enterprises in exchange for certain federal capital gains tax advantages.
Opportunity Zones are low income census tracts certified by the U.S. Department of the Treasury into which investors can now put capital to work financing new projects and enterprises in exchange for certain federal capital gains tax advantages.
What is an Enterprise Zone?
Under the program, certain types of businesses locating to, or expanding in a designated zone may claim tax credits provided in the law.
Under the program, certain types of businesses locating to, or expanding in a designated zone may claim tax credits provided in the law.
What is the Rural Economic Development Incentive (REDI)?
The Rural Economic Development grant incentivizes businesses up to $250,000 for new positions created in rural Utah counties. The program provides $6,000 per employee hired at 110% of the County Average Wage.
The Rural Economic Development grant incentivizes businesses up to $250,000 for new positions created in rural Utah counties. The program provides $6,000 per employee hired at 110% of the County Average Wage.
What is a Recycling Zone?
Eligible recycling businesses that are located in designated Recycling Market Development Zones qualify for tax credits. Zones: Ephraim, Gunnison, and unincorporated County.
Eligible recycling businesses that are located in designated Recycling Market Development Zones qualify for tax credits. Zones: Ephraim, Gunnison, and unincorporated County.
What is a HUBZone?
The HUBZone Program stimulates the economy by providing Federal contracting preferences to small businesses with HUBZone certificaton. Sanpete County is designated as a HUBZone.
The HUBZone Program stimulates the economy by providing Federal contracting preferences to small businesses with HUBZone certificaton. Sanpete County is designated as a HUBZone.
EDTIF Tax Credit?
The Rural EDTIF tax credit is a post-performance, refundable tax credit for up to 50% of new state revenues (sales, corporate and withholding taxes paid to the state) over the life of the project (typically 5-10 years). It is available to companies seeking relocation and expansion of operations to the State of Utah.
The Rural EDTIF tax credit is a post-performance, refundable tax credit for up to 50% of new state revenues (sales, corporate and withholding taxes paid to the state) over the life of the project (typically 5-10 years). It is available to companies seeking relocation and expansion of operations to the State of Utah.
What is Custom Fit Training?
Although providing effective training is always a good long-term investment, needed training may not always be affordable. Custom Fit Training provides grant money to assist in employee training.
Although providing effective training is always a good long-term investment, needed training may not always be affordable. Custom Fit Training provides grant money to assist in employee training.
What is iMpact Utah?
iMpact Utah is a non-profit training organization that helps companies throughout the state of Utah close their performance gaps so they can grow. Our hands-on engagements help companies accelerate revenue growth, achieve operational excellence, and transform managers into inspiring leaders who work through others to deliver results.
iMpact Utah is a non-profit training organization that helps companies throughout the state of Utah close their performance gaps so they can grow. Our hands-on engagements help companies accelerate revenue growth, achieve operational excellence, and transform managers into inspiring leaders who work through others to deliver results.
Six County Revolving Loan Fund?
The Purpose of the RLF Program is to create permanent, long-term jobs within the Six County region (including Sanpete) by providing “gap” financing to new or expanding businesses for eligible activities. Six County loans are processed by Mountain West Small Business Finance.
The Purpose of the RLF Program is to create permanent, long-term jobs within the Six County region (including Sanpete) by providing “gap” financing to new or expanding businesses for eligible activities. Six County loans are processed by Mountain West Small Business Finance.