Rural Business Development Grant Program
Contract Overview
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AI Contract Overview
The Rural Business Development Grant Program, administered directly by the Department of Agriculture, is a competitive discretionary grant initiative designed to stimulate economic development and job creation in rural areas. Eligible entities compete for funding across two distinct categories: business opportunity grants and business enterprise grants. These funds support a wide array of community and business projects, including technical assistance, land acquisition, pollution control, the capitalization of revolving loan funds, and strategic business planning. The program also emphasizes infrastructure and education through the funding of rural transportation improvements and distance learning for job training. While the program covers diverse topics such as technology and planning, it is currently closed and pending its next funding cycle. Interested parties can find further details through the official USDA rural development resources and the grants.gov portal.
General Info
Place of Performance
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Organization & Contact Information
Full Description
Eligible uses: Funds may be used for activities including but not limited to training and technical assistance; acquisition or development of land, easements, or rights of way; pollution control and abatement; capitalization of revolving loan funds; rural distance learning for job training; rural transportation improvement; feasibility studies and business plans; and long-term business strategic planning.
Program administrator: Direct federal
Program status: Closed: Pending next funding cycle
Financial instrument: Competitive/Discretionary Grant
Topics: Economic Development, Rural Area or Communities, Education, Technology, Transportation, Planning
Notice of funding opportunity: https://www.grants.gov/search-results-detail/362398
Additional information: https://www.rd.usda.gov/programs-services/business-programs/rural-business-development-grants
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