Economic Assistance Grant — FY 2027

Economic Assistance Grant — FY 2027 The Utah Legislature allocated $4.5 million to GOED to administer the Economic Assistance Grant (EAG) program. This grant is for one-time, project-based awards of up to $200,000. The EAG helps Utah businesses foster economic opportunity within the state, specifically for those providing services related to development, or infrastructure . Grants are available through a competitive application process. For this grant, a business is defined as a for-profit or nonprofit entity. Government entities are not eligible to apply. To qualify for this grant, an applicant's principal place of business must be in Utah, and the applicant must be registered and in good standing with the Utah Division of Corporations and Commercial Code. Resources Guide to Applying for Grants Application Questions What You Need To Know Before You Apply What is a Project Grant Priorities The state of Utah prioritizes businesses with applications that exhibit the following criteria: Develop one or more of Utah’s five Targeted Industries Identify clear metrics that will be used to measure success Demonstrate comprehensive planning of the project Leverage other funding sources and/or propose the use of matching funds Have sound organizational and project budgets Design projects that will be completed within 18 months of the award date GOED reserves the right to direct awards to businesses or associations with projects supporting rural industries such as agriculture, or other key industries in sectors not immediately recognized under the five targeted industries. Application Opens Sept. 15 at 9 MDT and closes on Sept. 30, 2026, at 5 MDT. If you’re new to GOED grant programs, please complete the New Portal User Request to receive login credentials. This process takes about one business day. If you already have login credentials, you can access the portal by clicking the “Apply Now” button once the grant opens. For questions regarding this funding opportunity, email [email protected] and include “Economic Assistance Grant” or “EAG” in the subject line.