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, Capital Investment
(Business Development or Expansion), and Job Creation.
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
Capital Investment (Business Development
In order to receive a disbursement under the Rural
Fast Track Business Development or Expansion 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 the 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 and 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.
- Evidence that a new incremental full-time employee has been
hired at 110% of County wage (DWS form 33H)
(This option is only available to companies that committed to hiring new full-time employees at 110% or above of county average wages)
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
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.
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
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:
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 email@example.com.
- 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
- Submit a summary outlining the new Full-time Employee(s) that qualify for the
incentive. Include the employee name, position, total hours
worked, date hired, date terminated (if applicable) and the annual salary. Information about the new Full-time Employee(s) created will
be compared against the base number of employees as established in the
Contract. Please use this form.
- Submit copies of quarterly Utah Department of Workforce
Services Employer’s Contribution Report and Quarterly Wage Lists (Unemployment
Insurance Forms 33H) showing the jobs have been in place for four (4) full
Thank you for participating in the Rural Fast Track
Programs and for growing your rural business!