For additional information on any of these programs or incentives please contact our office 435-587-3235.
The Event Marketing Grant is a grant through the San Juan County Tourism Tax Advisory Board (TTAB). The purpose of the Event Marketing Grant is to assist new and growing events with their marketing needs. The grant is awarded by the Tourism Tax Advisory Board (TTAB) on a quarterly basis. If awarded the grant, events can receive up to $3,000 to assist with marketing needs.
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide. The Opportunity Zones program provides a tax incentive for investors to re-invest their unrealized capital gains into Opportunity Funds that are dedicated to investing into Opportunity Zones designated by the chief executives of every U.S. state and territory.
The San Juan County CRA was created with the purpose to increase economic development and activity within our communities. A CRA is a separate legal entity, comprised of our County Commissioners and is utilized as an Economic Development tool primarily used to provide tax increment investment. A CRA can be used to: reimburse horizontal infrastructure, reimburse development costs, buy or buydown land, provide direct development incentives, or for public Infrastructure.
The Revolving Loan Fund Program (RLF) is a lending program through the Southeastern Utah Association of Local Governments (SEUALG) for start-up businesses and businesses with the desire to expand that are unable to receive financing from traditional lending institutions. Retaining or creating jobs in the community is a criteria for the program.
Are you seeking to grow your company? The Rural Fast Track (RFT) Program, through Utah’s Governor’s Office of Economic Development (GOED) office, is a post-performance grant available to small companies in rural Utah. The program provides an efficient way for existing, small companies to receive incentives for creating high paying jobs in the rural areas of the state and to further promote business and economic development.
The Business Expansion and Retention (BEAR) program, run by the San Juan County Office of Economic Development and Visitor Services, is designed to assist in growing new and existing rural businesses, influence rural job creation, and increase economic diversity in rural regions by enhancing the level of technical services provided.
Are you seeking to expand or relocate your business to rural Utah? Enterprise Zones can provide incremental tax credits for new jobs paying above county average wage and/or capital investment tax credits.
The Custom Fit programs, offered through USU Eastern, helps businesses facilitate trainings by working with business to identify and connect with essential training programs specific to their needs, bringing high quality training programs to the local area, and providing up to a 50% reimbursement to Utah companies to offset the cost of trainings.
The Utah Rural Jobs Act enables an eligible small business located in a rural county to expand and create high wage jobs by providing flexible and affordable capital to small businesses in these areas. The program has three types of participants: 1) Investors who provide capital investments to a Rural Investment Company, 2) Rural Investment Companies who raise the funds from investors to be invested in eligible small businesses; and 3) Eligible small businesses who may receive up to $5,000,000 in capital for business development and expansion needs. The program authorizes $42,000,000 of investment authority to Rural Investment Companies.
