The Iron County Economic Opportunity (CEO) Board and the Cedar City Business & Innovation Center Partners administer the Small Business Grant Program.
Donor Name: Iron County Economic Opportunity (CEO)
State: Utah
County: Iron County (UT)
Type of Grant: Grant
Deadline: 01/12/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
This grant provides a way for businesses in Iron County to apply for incentives that promote economic growth.
Business Development Incentive
- Projects and applications for the SBG are required to have a matching component, and will be ranked higher based on the match contribution percentage (capital investment, in-kind, a major equipment purchase, construction or purchase of a building, etc.).
Job Creation Incentive
- Projects and applications for the SBG will be ranked higher if a small business creates new jobs, more specifically higher-wage and full-time jobs, and intends to retain the new employees for at least 12 consecutive months.
Funding Information
Up to $60,000 is available depending upon the number and quality of applications received.
Eligible Projects
Examples of Preferred Iron County Small Business Grant Projects:
- Infrastructure developments
- Construction of a new building/adding to an existing building
- New or upgraded equipment or machinery
- Value-added agriculture expansion projects
- New or uncommon industry investment
- Business-related technology or services
- Business start-up costs
Eligibility Criteria
Businesses are eligible to apply for this grant program.
Ineligibility
The following projects or applications are ineligible for Small Business Grant Projects (SBG):
- Project is not or would not be located in Iron County
- Project or application does not provide business development or job creation
- Project or application is behind on property taxes, invalid/unapproved business license or Conditional Use Permit or in violation of any other applicable Federal, State or County rule, regulation or requirement.
For more information, visit CEO.
