Economic Development Tax Increment Financing (EDTIF)
Offers refundable tax credits for employers creating high-wage jobs under an economic growth framework.
EDTIF is a post-performance, refundable tax credit worth up to 30% of new state revenues generated by a qualifying project. Companies must create at least 50 new jobs at wages ≥110% of the county average and operate in a targeted industry. GOEO negotiates each deal case-by-case; Utah STC issues the annual credit certificate.
AerospaceAIAdvanced ManufacturingMedtech
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.