About the Grant

The $15 million 2021 Impacted Small Business Catalyst Grant was created during the 2021 Legislative General Session to assist small businesses, nonprofits, and organizations negatively impacted by COVID-19.

Qualifications

Businesses, nonprofits, and organizations must:

  • Be registered with the Utah Division of Corporations and Commercial Code (if required)
  • Have fewer than 250 employees
  • Claim Utah as its principal place of business
  • Have not ceased operations
  • Have not initiated bankruptcy proceedings
  • Have incurred a high level of revenue loss or been operating at a net loss due to the public health emergency related to COVID-19

Note: Government entities do not qualify.

Required Information and Documentation

  • Signed W-9
  • Current Balance Sheet
  • For a business entity that began operating before January 1, 2020
    • Profit & Loss Statement for the four consecutive month period in 2019
    • Profit & Loss Statement for the same four consecutive months in 2020

Award Calculation

Applications will be scored on the following criteria:

Additional Information

The first tranche of funds will be awarded to applicants that demonstrate a revenue loss of 90% or greater. If funds are still available, the application will open to businesses that demonstrate an 80% or greater loss.

The application process will open on April 20, 2021, at 9 a.m. and close on April 30, 2021, at 5 p.m. (MDT). This is not a first-come, first-serve grant. All eligible applications will be reviewed. Grant recipients will be notified between May 24 and May 28, 2021, and begin receiving checks within a few days of notification.

GOED’s grant application system requires advance registration. Sign-up here to create a user account.

If you’ve already applied for a GOED grant, you’ll use the same credentials as before.

Apply

Applications are now closed.

The best way to receive assistance, to have questions answered, or receive feedback about your application, is to email us at goedsupport@utah.gov. Emailing us creates a ticket in our customer service application and ensures we can follow up with you.

Frequently Asked Questions

I HAVE NOT RECEIVED A CASE NUMBER AS DIRECTED, WHAT CAN I DO?

Our system will not validate an application if the captcha was not correctly validated. We have noticed an error with some web browsers. We advise clearing your cache and your cookies, and updating your web browser. Google Chrome is recommended in this instance. We also advise against using a mobile device.

DO I HAVE TO WAIVE MY RIGHTS TO CONFIDENTIALITY AS A BUSINESS?

No. The question regarding the Utah Government Records Access Management Act (GRAMA) relates to your documents submitted in the application process. If you claim business confidentiality your financial documents submitted in the application will be prohibited from release in the event of a record request relating to your application. Claiming business confidentiality will not negatively affect your application.

HOW DO I SEND YOU MY DOCUMENTS?

To protect the security of your business and its financial documents, we ask you to please only upload your documents to the secure application. You can access the application after our team has verified your business and sent you log in credentials. If you did not submit all the required documentation, your application may be considered incomplete and therefore ineligible.

HOW DO I FIND MY BUSINESS ENTITY NUMBER?

Your business Entity Number is the number you receive when you are registered with the state. You can verify your information by looking up your business here. Providing the correct entity ID and correct business addresses will help our team verify your business much faster.

HOW DO I KNOW IF MY ELIGIBILITY APPLICATION WAS ACCEPTED?

You will receive a case number from a “no-reply” email almost instantly. If you do not receive a case number via email you have likely not submitted for eligibility to our system. Please try again.

HOW ARE THE NUMBER OF FULL-TIME EQUIVALENT EMPLOYEES CALCULATED?

You will attest to the number of full-time equivalent employees during the application process. If your business is chosen for an audit, unemployment insurance records and payroll documentation may be used to verify the number reported.

IF I APPLIED FOR A GOED INCENTIVE IN THE PAST, CAN I USE THE SAME APPLICATION ACCESS CREDENTIALS?

Yes. If you have applied for another GOED incentive, please use this application link and the same access credentials for your application.

WHAT FILE FORMATS CAN I USE TO UPLOAD THE REQUESTED DOCUMENTS TO MY APPLICATION? IS THERE A SIZE LIMIT?

The preferred file types are .pdf but formats ending in .doc, .jpeg, .xls and .csv are all acceptable. We cannot accept specialized formats such as “.pages”. Please verify your documents are not password protected and are under 5MB.

COMMON MISTAKES APPLICANTS MAKE

  • Failure to provide all required documentation; if a document is unavailable, attach a document stating why
  • Document format:
    • Name documents appropriately
    • Size: Under 5MB each
    • No password-protected documents
    • PDF is the preferred format (Excel or Word is acceptable; no EPUB or files in Mac-based formats)
  • Verify the W-9 is signed, has the correct address and matches the address provided in the application
  • Know your business structure (parent entity is the applicant, DBA or other subsidiaries shouldn’t apply)
  • Carefully read the questions as they may determine your eligibility