Small Business Grants in Utah

Last updated October 1, 2026

There are 10 active small business grants tagged to Utah, part of 1,034 active small business grants listed nationwide. Updated daily.

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Rural Employment Development Incentive

Economic Opportunity Grants · State

November 15, 2026 · Varies

Grants for businesses creating new high-paying jobs in rural Utah communities. Quarterly application windows: Feb.

Utah Rural Jobs

Economic Opportunity Grants · State

Rolling · Varies

Supports growth of eligible rural small businesses by providing flexible and affordable capital to expand and create new jobs. Applied through approved Rural Investment Companies.

Enterprise Zone Tax Credit

Economic Opportunity Grants · State

Rolling · Varies

Promotes economic development and business growth in rural areas of the state.

Rural Economic Development Tax Increment Financing (REDTIF)

Economic Opportunity Grants · State

Rolling · Varies

With the rural modifications to the EDTIF program, known as REDTIF, projects within rural Utah qualify for more significant incentive amounts.

Startup State Initiative

Economic Opportunity Grants · State

Rolling · Varies

The Startup State Initiative celebrates, inspires, and empowers Utah entrepreneurs and those who support them. Funding sources include small business loans, grants, venture capital, angel investors, business competitions, and crowd funding.

The Startup State Initiative

Economic Opportunity Grants · State

Rolling · Varies

The Startup State Initiative celebrates, inspires, and empowers Utah entrepreneurs and those who support them. Funding sources include small business loans, grants, venture capital, angel investors, business competitions, and crowd funding.

APEX Accelerator

Economic Opportunity Grants · State

Rolling · Varies

Utah's APEX Accelerator helps Utah businesses find, bid, and win procurement opportunities with Department of Defense (DoD) federal, state, and local entities.

Utah Small Business Credit Initiative (USBCI)

Economic Opportunity Grants · State

Rolling · Varies

GOED administers a statewide small business capital access program. It provides capital and technical assistance to help small businesses and entrepreneurs grow, succeed, and remain stable, benefiting communities nationwide.

Economic Development Tax Increment Financing (EDTIF)

Economic Opportunity Grants · State

Rolling · Varies

The Utah Legislature created the Economic Development Tax Increment Financing (EDTIF) corporate incentive program in 2005. Provides tax incentives for economic development projects.

Hotel Impact Mitigation Fund

Economic Opportunity Grants · State

Rolling · Varies

This grant allows a qualified hotel to enter into a contract to pursue a claim for loss of income.

Showing 1–10 of 10

About small business grants in Utah

Small business grants provide free funding you never have to repay — unlike loans. Federal agencies, state economic development offices, and private foundations offer grants for everything from startup costs to expansion, research, and hiring. Competition can be stiff, but the payoff is significant: non-dilutive capital with no interest or equity cost.

Small Business Grants in other states

Frequently Asked Questions

Are small business grants really free money?

Yes. Unlike loans, grants do not need to be repaid and unlike venture capital, they require no equity. However, most grants come with reporting requirements and must be used for the stated purpose. Some grants reimburse expenses rather than providing upfront cash.

What is the easiest small business grant to get?

Local and state-level grants tend to have less competition than federal programs. Look for community development grants from your city or county, state small business innovation programs, and foundation grants targeted at your specific industry or demographic. Micro-grants under $5,000 often have simpler applications.

Can startups apply for small business grants?

Absolutely. Many grants specifically target early-stage companies. The SBIR and STTR programs fund R&D startups, while foundations and state programs offer startup-specific grants. Some require an existing business entity, while others fund pre-revenue ventures.

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