State of Utah Governor's Office of Economic Development

Governor's Office of Economic Development - Rural Fast Track Reimbursement

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RURAL FAST TRACK GRANT REIMBURSEMENT REQUEST


If you have completed your Rural Fast Track project as outlined in the contract and are ready for reimbursement, please read the following instructions carefully.


There are two types of Rural Fast Track reimbursement requests, each with unique reporting requirements. They are for the Business Development Incentive, and the Job Creation Incentive.


You will be asked to check all the boxes pertaining to the reimbursement type(s) you are requesting. Once a box is checked, the required reporting and uploading fields will open. Please fill in all the required fields and upload all the supporting documents requested. When all fields are filled, push the submit button. Your claim will be sent directly to the GOED Compliance Office for review.


INFORMATION/DOCUMENTATION YOU WILL NEED


Business Development Incentive

In order to receive a disbursement under the Rural Fast Track Business Development Incentive the project must be completed in its entirety, and the Company must have created at least one (1) new incremental full-time job paying at least 110% of the county average wage, or have fulfilled what is written regarding new job creation in their Contract. All invoices must post-date the effective date of the Contract: No reimbursements for invoices and payments dated or completed prior to the effective date of the Contract will be given. The Company must submit the following documentation to claim this incentive and grant:

    • A Letter of Request on Company letterhead specifying the amount requested, certifying that the project has been completed and all invoices have been paid. The Letter of Request shall be signed and the accuracy of the information verified by a company officer.
    • Copies of all invoices and evidence of payment for work on the project. Please use this form to document invoices in evidence of payment.
    • Photo evidence that the project has been completed. Please provide several photos of the building, expansion, installed and functioning equipment, etc.
    • Submit the original Baseline Employee Report completed at the time of application
    • Submit the Incremental Position and Employee Information Report. Please use this form. Please download this form in Excel format, fill it out, and submit it through the proper field on page 2. Information about the new Full-time Employee(s) created will be compared against the baseline job count of employees as established in the Baseline Employee Report.
    • Evidence that a new incremental full-time employee has been hired at 110% of County wage (DWS form 33H)

 

Job Creation Incentive

(This option is only available to companies that committed to hiring new full-time employees at 110% or above of county average wages)

The incentive is awarded on a post-performance basis after the newly created job(s) has/have been in place for at least twelve (12) months. The grant amounts are as follows:

    • One thousand dollars ($1,000.00) if the new incremental full-time employee(s) is/are paid between 110% and 115% of the County average annual wage.
    • One thousand, two hundred fifty dollars ($1,250.00) if the new incremental full-time employee(s) is/are paid between 115% and 125 % of the County average annual wage.
    • One thousand, five hundred dollars ($1,500.00) if the new incremental full-time employee(s) is/are paid at least 125% of the County average annual wage.

 

In order to receive a disbursement under the Job Creation Incentive, the Company must submit the following to make a claim:

    • Provide a Letter of Request on Company letterhead specifying the amount of the request, and the number of new jobs created up to the maximum number agreed to in the Contract. This letter must verify the accuracy of the information supplied, and be signed by a company officer.
    • Submit a summary outlining the new Full-time Employee(s) that qualify to be counted for the incentive.
    • Submit the original Baseline Employee Report completed at the time of application
    • Submit the Incremental Position and Employee Information ReportPlease use this formInformation about the new Full-time Employee(s) created will be compared against the baseline job count of employees as established in the Baseline Employee Report.
    • Submit copies of quarterly Utah Department of Workforce Services Employer’s Contribution Report and Quarterly Wage Lists (DWS Form 33H) showing the jobs have been in place for four (4) full quarters. 
We will contact you by phone or email if we have questions or need additional information. We will expedite your claim as quickly as we can. If you have any questions about this process please contact James Dixon at jdixon@utah.gov.


Thank you for participating in the Rural Fast Track Programs and for growing your rural business!


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GENERAL INFORMATION












REIMBURSEMENT CATEGORY

BUSINESS DEVELOPMENT
This incentive is awarded on a post-performance basis. In order to receive a disbursement under the Rural Fast Track Business Development Incentive, the project must be completed in its entirety, and the Company must have created at least one (1) new incremental full-time job paying at least 110% of the county average wage. All invoices must post-date the effective date of the Contract: No reimbursements for invoices and payments dated or completed prior to the effective date of the Contract will be given. The Company must submit the following documentation to claim this grant incentive:
Required Disbursement Documentation 






Please download this form from page 1 in excel form, fill it out, and then upload it here. Google sheet request is not available.

JOB CREATION
This incentive is awarded on a post-performance basis after the newly created job(s) has/have been in place for at least twelve (12) months. In order to receive a disbursement under the Job Creation Incentive the Company must submit the following to make a claim:
Required Disbursement Documentation





Please download this form from page 1 in excel form, fill it out, and then upload it here. Google sheet request is not available.



GOED/ Office of Rural Development
60 E. South Temple, 3rd Floor
Salt Lake City, UT  84111
801-538-8804