MAG strives to strengthen economic vitality, competitiveness, and opportunity for communities and residents in our region.
MOUNTAINLAND ECONOMIC DEVELOPMENT DISTRICT
The Mountainland Economic Development District (MEDD) advances economic growth and opportunity by fostering regional collaboration, preparing regional plans, and facilitating federal investments in our communities.
Regional Economic Development
The work of the MEDD is guided by a Comprehensive Economic Development Strategy (CEDS), a regional plan for economic prosperity and resiliency. This plan identifies four regional development priorities:
- Transportation: Provide a safe, connected, and accessible regional transportation network to meet current and future needs.
- Natural Resources: Balance regional growth, tourism development, and the protection of natural resources.
- Livability: Improve quality of life to support the region’s workforce and communities.
- Regional Collaboration: Accelerate problem-solving and build economic resiliency through increased collaboration.
Small Business Loan Fund
The Mountainland Small Business Loan Fund creates permanent, long-term jobs within the region by providing gap and start-up financing to qualified businesses for eligible activities. Loans made through the fund are intended to help bridge the gap created by shortfalls in commercial financing. Funds are repaid into the program and recycled to other businesses, producing an ongoing job creation program. Funds are available for businesses in Utah (excluding Provo, Orem, and Lehi), Summit, and Wasatch Counties.