Business development incentive can be used for (but not limited to) the purchase of and/or the construction of a new building (or add on to an existing building), equipment, value-added agriculture, leisure & hospitality (certain NAICS codes), etc.
The incentive CANNOT be used for (but not limited to) retail, leisure & hospitality (exceptions for retail and l&h are made in certain eligible counties and depending on NAICS code), non-specialized vehicles, computer/laptops, bare ground etc. "Retail" means a business or person that sells goods to an end-user or consumer. Please contact Linda Gillmor with the Office of Rural Development for more information. Lgillmor@utah.gov