Applications due June 13 for grants that will promote sustainable economic development
New grants from the United States Department of Agriculture will help promote sustainable economic development in rural communities with exceptional needs. The Rural Business Opportunity Grants, announced May 2, will be awarded on a competitive basis.
These grant funds, not to exceed $100,000, must be used for projects in rural areas for:
Community economic development
Technology-based economic development
Feasibility studies and business plans
Leadership and entrepreneur training
Rural business incubators
Long-term business strategic planning
Public bodies, nonprofit corporations, Indian tribes, institutions of higher education and rural cooperatives are eligible to apply. The deadline for application is June 13. There is no cost-share requirement for this grant.
For more information, see USDA website: http://www.rurdev.usda.gov/BCP_RBOG.html