{"data":{"id":"us-ut/utah-code-63n-3-112","jurisdiction":"us-ut","citation":"Utah Code § 63N-3-112","heading":"Talent development grants.","body":"(1) A for-profit business that is creating new incremental high paying jobs in the state, may apply to receive a talent development grant from the restricted account.\n(2) In accordance with the provisions of this section and in consultation with the GOED board, the administrator may award up to $10,000 per new job created.\n(3) The administrator shall designate an application process for a business to apply for the grant.\n(4) A business may apply to receive a grant only after each employee has been employed at qualifying wage levels for at least 12 consecutive months.\n(5) The office shall deduct money granted for a talent development grant under this section from any other money or incentive awarded by the office to the business.\n(6) Grants awarded under this section are only to reimburse a business for the costs incurred to recruit, hire, train, and otherwise employ an employee in a newly created job.\n(7) As part of the application process, a business shall submit a hiring and training plan detailing how the grant money will be used.\n(8) The administrator may grant an award only up to an amount that is no more than 25% of the estimated costs to be incurred by the business for the costs in the hiring and training plan.","path":["Title 63N Economic Opportunity Act","Chapter 63N-3 Economic Development Programs","Part 63N-3-1 Industrial Assistance Account"],"source_url":"https://le.utah.gov/xcode/Title63N/Chapter3/63N-3-S112.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"c6ce9947a7816f17bbda8ecd1c43aaf163076b7a5f4e7ff9535bd4979196b510","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-63n-3-111","next":"us-ut/utah-code-63n-3-113"},"notice":"GroundRules: Original legal text. Not legal advice."}