Utah Code Title 63N. Economic Opportunity Act § 63N-4-504. Requirements for awarding a working hubs grant

(a) the form and process of submitting an application to the office for a grant;

(b) which entities are eligible to apply for a grant;

(c) the method and formula for determining grant amounts; and

(d) the reporting requirements of grant recipients.

(a) that will serve underprivileged or underserved communities, including communities with high unemployment or low median incomes;

(b) where an applicant demonstrates comprehensive planning of the project but has limited access to financial resources, including financial resources from local or county government; and

(c) that maximize economic development opportunities in collaboration with the economic development needs or plans of an educational institution, a county, and a municipality.

(a) if the grant recipient agrees to provide any combination of funds, land, buildings, or in-kind work in an amount equal to at least 25% of the grant;

(b) if the grant recipient agrees not to use grant money for the ongoing operation or maintenance of a coworking and innovation center; and

(c) in an amount no more than $500,000 to a grant applicant.