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The State of Utah and Heber Valley offer a range of economic incentives to help businesses thrive in our community. These programs foster growth, create jobs, and strengthen the local economy. Learn more below.
The REDI grant is designed for businesses creating new high-paying jobs in rural Utah communities. These positions can be remote, online, in a satellite hub/office, or physically located in the same county as the business. Businesses may receive up to $6,000 per new position based on the employee’s work location. Learn more: REDI Grant
Businesses expanding or relocating in rural Utah may qualify for tax incentives, including incremental tax credits for creating jobs above the county average wage and capital investment tax credits.
Check if your business is in an Enterprise Zone: Utah Enterprise Zone Map
More information: Governor's Office of Economic Opportunity
Wasatch County participates in the Mountain Land Association of Governments' Revolving Loan Fund (RLF) program, which supports local business expansion. The fund provides “gap” and start-up financing to qualified businesses, aiming to create long-term jobs in the Mountainland region. Learn more about qualifications and eligibility: MAG Revolving Loan Fund
MTECH’s Custom Fit program helps businesses train or retrain employees on new processes, equipment, and skills. The program covers a significant portion of training costs.
Learn more about the Custom Fit program: MTECH Custom Fit
The Utah Microloan Fund empowers underserved communities by providing business training and loans for start-up and existing businesses that do not qualify for traditional funding. Loans of up to $50,000 are available to help new businesses get started.
Learn more: Utah Microloan Fund
This initiative supports Utah’s entrepreneurial ecosystem, offering tools, resources, and guides for every stage of business development.
Learn more: Utah Startup
A directory for entrepreneurs, connecting business owners with incubators, funding opportunities, and educational programs across the state.
Visit the site to learn more: UtahFounders.org
