State of Utah Governor's Office of Economic Development

Rural Economic Development Incentive (REDI) Application

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What is the

Rural Economic Development Incentive (REDI) Grant?


The Rural Economic Development Incentive (REDI) program is designed for businesses creating new high paying jobs in counties of the fourth, fifth or sixth class (populations of less than 31,000).These jobs can be remote, in a satellite hub / office, or physically located in the same county as the business.


Who is eligible?

Businesses not primarily engaged in construction, retail, staffing or public utilities industries are eligible to apply.  A business considering the REDI grant must apply for and receive approval through GOED in advance of creating a new position.


The company will enter a written agreement with GOED and must demonstrate that the new jobs:


  •        Are created in addition to the highest baseline count of employment positions that existed within a business entity during     the previous taxable year
  •        Pay at least 125 percent of the average county wage
  •        Are filled by an employee who works at least 30 hours per week
  •        Will exist for at least 12 consecutive months
  •        Are not filled by an immediate family member of an officer or owner of the company

 

 

Incentives:


A business entity may qualify for up to $25,000 in rural employment expansion grants each fiscal year.


Potential Allocation Award Amounts:

  •        $4,000 for each new full-time employee position in a county where the average county wage is equal to or greater than the state average wage

  •        $5,000 for each new full-time employee position in a county where the average  county wage is between 85% and 99% of the state average wage

  •        $6,000 for each new full-time employee position in a county where the average county wage is less than 85% of the state average wage

The REDI Grant Levels Table provides county-specific information.


REDI Levels by County
For more information about the Rural Economic Development Incentive (REDI) Grant please contact Rebecca Dilg - Governor’s Office of Economic Development- (801) 538-8880- rdilg@utah.gov

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Required Fields
Company Information







Primary Contact Information




Secondary Contact Information




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New Hiring Plan

New Employee Wage & Location
Complete this section for each projected new employee. 


The new employee's wage must be 125% of the county average annual wage for the business to be eligible for a REDI grant. See the table on page 1 for details
$
$
(limit $25,000).

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Supporting Documentation


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Grant Request