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Rural Microentrepreneur Assistance Program

Active
Grant

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The Rural Microentrepreneur Assistance Program, administered directly by the Department of Agriculture, is designed to foster the growth and sustainability of rural microentrepreneurs and microenterprises. The program provides support to Microenterprise Development Organizations through three primary mechanisms: loan-only options, a combination of loans and technical assistance grants, or subsequent technical assistance grants. Loan funds are specifically designated for the establishment or recapitalization of revolving loan programs to provide microloans, while grant funds are utilized to deliver essential entrepreneurship training and technical assistance to rural individuals and businesses. Focusing on economic development within rural communities, particularly in the food and agriculture sectors, this initiative utilizes a competitive and discretionary financial structure. While the program currently lists a status of closed pending the next funding cycle, it typically operates with a rolling deadline for applications. This program serves as a strategic tool for enhancing the economic viability of small-scale rural enterprises through a blend of capital access and professional development.

General Info

USDA program providing loans and technical grants to support rural microentrepreneurs and enterprises.

Agency

Department of Agriculture

NAICS

925120 - Administration of Urban Planning and Community and Rural Development

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

No documents available

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Timeline

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Organization & Contact Information

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AgencyDepartment of Agriculture
ContactsNo contacts available
OfficeWY, USA
Organization / AgencyDepartment of Agriculture
Office AddressWY, USA
ContactsNo contact information available

Full Description

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The purpose of RMAP is to support the development and ongoing success of rural microentrepreneurs and microenterprises, each as defined in 7 CFR 4280.302. RMAP provides the following types of support: loan only, combination loan and technical assistance grant, and subsequent technical assistance grants to Microenterprise Development Organizations (MDOs).
Eligible uses: Loan funds are used by the MDO to establish or recapitalize a revolving loan program for making microloans to a rural microentrepreneur business. Grant funds are used by the MDO to provide technical assistance and entrepreneurship training to rural individuals and businesses.
Program administrator: Direct federal
Program status: Closed: Pending next funding cycle
Financial instrument: Competitive/Discretionary Grant; Loan
Topics: Economic Development, Food/Agriculture, Rural Area or Communities
Rolling deadline: applications are accepted on an ongoing basis.
Notice of funding opportunity: https://www.grants.gov/search-results-detail/361373
Additional information: https://www.rd.usda.gov/programs-services/business-programs/rural-microentrepreneur-assistance-program

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