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Targeted Business Tax Credit Encourages Investment In Utah’s Rural Communities

Apply Jan. 1 through Feb. 1, 2019 Salt Lake City (Dec. 27, 2018) The Utah Governor’s Office of Economic Development (GOED) encourages businesses to apply for the Targeted Business Tax Credit (TBTC). The program promotes private investment and job creation Read more…


Rural Initiatives to Change the Landscape of Economic Development

SALT LAKE CITY (Dec. 27, 2018) — During the 2018 Utah General Legislative Session, H.B. 327 and H.B. 390, the Rural Online Initiative (ROI) and the Rural Economic Development Incentive (REDI) respectively, were signed into law by Gov. Gary R. Read more…


Utah Opportunity Zones Benefit from New Consultant

Salt Lake City (Dec. 18, 2018)—The Utah Governor’s Office of Economic Development (GOED) is pleased to announce that the Utah Association of Counties (UAC) has been selected to spearhead Utah Opportunity Zone planning and implementation. UAC will work with GOED Read more…


Amer Sports Selects Utah for Future Expansion

SALT LAKE CITY (Dec. 13, 2018)—The Governor’s Office of Economic Development (GOED) today announced Amer Sports Winter & Outdoor Company will expand its operations in Utah, planning to add up to 155 jobs, $6.5 million in new state revenue, and Read more…


GOED Board Approves New Convention Center Hotel Incentive

SALT LAKE CITY (Nov. 6, 2018) – The Governor’s Office of Economic Development (GOED) today approved the New Convention Facility Development Incentive to build a new convention center hotel in downtown Salt Lake City. The post-performance incentive will add $281 Read more…


LendingClub to Expand in Utah

SALT LAKE CITY (November 6, 2018) — The Governor’s Office of Economic Development (GOED) today announced LendingClub Corporation (NYSE: LC) will expand in Utah adding up to 860 jobs, $22 million in new state revenue and an estimated $17.85 million Read more…


Bullfrog Spas to Expand in Utah

SALT LAKE CITY (Nov. 6, 2018) — The Governor’s Office of Economic Development (GOED) today announced Bullfrog Spas will expand their headquarters in Utah adding up to 150 jobs, $2.2 million in state revenue and an estimated $20 million in Read more…


Merit Medical to Expand in Utah

SALT LAKE CITY (Nov. 6, 2018) — The Governor’s Office of Economic Development (GOED) today announced that Merit Medical Systems, Inc. will expand in Utah, adding up to 1,010 jobs, $71 million in state revenue and an estimated $505 million Read more…


U.S. Treasury Releases Proposed Guidelines for Utah Opportunity Zones

SALT LAKE CITY (Nov. 1, 2018) – The U.S. Treasury has released proposed guidelines for the Federal opportunity zones program, including Utah’s 46 zones. Investors have eagerly awaited the designated rules to invest in economically distressed areas that are ready Read more…


Governor’s Office presents analysis of economic development plans

SALT LAKE CITY (Oct.17, 2018) — Gov. Gary R. Herbert, Lt. Gov. Spencer J. Cox, legislators and rural stakeholders met last week to discuss challenges and opportunities in rural Utah. During the 25K Rural Legislative Retreat, the Kem C. Gardner Read more…