The Rural Fast Track Program (RFTP) provides an efficient way for existing, small companies in rural Utah to receive incentives for creating high paying jobs in the rural areas of the state and to further promote business and economic development in rural Utah.
Criteria
- The cash award will be granted after administrator has verified the new incremental job has been in place for 12 months
- Company must have been in business within the state for at least 2 years
- Company must have at least 2 employees
- Company must be located and conduct business operations in a disadvantaged, rural county in the State of Utah
- Must be a licensed business
- County population must be under 30,000
- County average household income less than $60,000
Funds are disbursed for the following:
- $1,000 for each new incremental job paying 110% of the county’s average annual wage
- $1,250 for each new incremental job paying 115% of the county’s average annual wage
- $1,500 for each new incremental job paying 125% of the county’s average annual wage
Rural Utah companies may receive up to $50,000 for business development
Click Here for County Average Wages
Application Deadlines
How to apply
Legislation