Funding Resources
Rural Economic Development Incentive (REDI) Grant 2026: Funding for Businesses Creating Jobs in Rural Utah
Businesses looking to expand operations in rural Utah may qualify for support through the Rural Economic Development Incentive (REDI) program. Administered by the Governor's Office of Economic Opportunity (GOEO), REDI encourages private investment and job creation by offering post-performance incentives to eligible companies that establish or expand operations in rural areas of the state.
Program
The Rural Economic Development Incentive (REDI) program was created to strengthen rural economies by encouraging businesses to create quality jobs and make long-term capital investments in Utah's rural communities.
The program supports economic diversification by attracting new employers, helping existing businesses expand, and creating sustainable employment opportunities outside the state's major metropolitan areas.
REDI is administered by Utah's Governor's Office of Economic Opportunity through its Center for Rural Development.
Incentive Amount
REDI does not provide a fixed grant amount.
Instead, incentives are negotiated based on several factors, including:
Number of new jobs created.
Wage levels.
Capital investment.
Project location.
Overall economic impact.
Available program funding.
Approved incentives are paid only after the company fulfills its contractual performance requirements.
Eligible Projects
The program supports businesses undertaking projects such as:
Business relocation to rural Utah.
Business expansion.
Manufacturing facilities.
Distribution and logistics operations.
Technology companies.
Aerospace and defense.
Outdoor products manufacturing.
Food processing.
Value-added agriculture.
Other industries that contribute to rural economic development.
Projects should demonstrate meaningful economic benefits for the surrounding community.
Who Can Apply?
Eligible applicants generally include:
For-profit businesses.
Companies establishing new operations in rural Utah.
Existing businesses expanding within eligible rural counties.
Employers capable of creating new, high-quality jobs.
Businesses must meet the program's investment and job creation requirements established during the application process.
Applications are accepted on an ongoing basis, subject to available funding and program requirements. Businesses are encouraged to contact GOEO early in the planning process to determine eligibility.
How to Apply
Interested businesses should work directly with the Governor's Office of Economic Opportunity to discuss their proposed project and begin the application process.
Applicants should be prepared to provide:
Business information.
Project description.
Job creation projections.
Capital investment plans.
Financial information.
Project timeline.
Apply here: https://business.utah.gov/rural/redi/
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Frequently asked questions
Is REDI a grant?
REDI is a performance-based economic development incentive. Payments are made only after approved job creation and investment commitments have been fulfilled.
When is the application deadline?
There is no annual deadline. Applications are accepted throughout the year.
When should businesses apply?
Businesses should contact GOEO before starting their project, as incentives generally cannot be awarded retroactively.
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