1. www.business.utah.gov

2. EDTIF, IAF Incentives are available to: Companies who …. are currently located in Utah and looking to expand do not have operations in Utah and want to relocate here And……. Who meet the key program benchmarks set out by the GOED Board.

3. EDTIF and IAF Key Program Benchmarks: Competition with other locations Historical Profitability In a Cluster/Target Market Creation of New, High Paying Jobs Creation of 50 Fulltime Jobs, Rural or Urban 125% Average Urban, 100% Rural, Wages Capital Investment Company is a Going Concern Local Incentive

4. EDTIF and IAF Incentive Awards: Always Post Performance Based on New Corporate or Partnership Income Tax, Wage Withholding Tax and the States portion of Sales Tax EDTIF incentives are a Refundable Tax Credit and IAF is a small Cash Grant Under EDTIF no more than 50% in any 1 year and no more than 30% over the life of the project Company must remain in Utah for the life of the incentive Company must meet 50% of its 1st and 2nd full calendar year employment and wage projections or the incentive is void Company must meet 25% of its 3rd and all subsequent full calendar year employment and wage projections or the incentive is void Project cannot materially change from what was approved or the contract is void Any other benchmarks as determined by the GOED Board

5. What types of projects typically don’t qualify for an EDTIF and IAF incentive? Retail Operation Educational or Nonprofit Companies Startup/Venture Capital Companies Natural Growth Company is not a Going Concern Historical Losses Low Paying Jobs Local Support only, No Local Incentive

6. Business Growth & Incentives

8. Looks Who’s Investing in Utah Mozy Inc eBay Haemonetics Edwards Lifesciences Fairchild Semiconductors Merit Medical Mediconnect Global, Inc Goldman Sachs

9. Distribution of Incentives – FY 2010 Salt Lake County $66.7M Utah County $0.5M Sanpete County $1.8M Total $69.0M

10. Rural Development Support Utah’s rural communities and businesses by raising awareness of needs and connecting rural Utah to public and private sector resources Rural Fast Track FY 2009 39 Projects Number of Jobs 57 Committed $1.7 million 10.2M in private investment

11. 12 Distress Factors (2009) Factors 10 or more 8-9 6-7 4-5 2-3 0-1

12. www.business.utah.gov lprall@utah.gov

13. 12 Indicators of Distress Population Growth Population Density Annual Job Growth Unemployment Rate Non-Ag Wages Growth in Non-Ag Wages Poverty Rate Per Capita Gross Taxable Sales Growth in Taxable Sales Distance from metropolitan center County regional center over 10,000 pop Private land ownership