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The USDA Rural Business Development Grant Program. Rural Business Development Grants can be used for technical ... To apply for Merchant Maverick Opportunity Grants, visit the application page ...
To be eligible for a USDA Rural Business Development Grant, businesses must have 50 workers and less than $1 million in gross revenue. ... Application process. Opportunity Grants are open to a ...
Business & Cooperative Programs staff are headquartered in Washington, D.C., but the Agency has a presence in every state and U.S. territory. [1] Typically there is a Business & Cooperative Program section associated with each USDA Rural Development State Office.
The Rural Development Administration (RDA) was a USDA agency established by the 1990 farm bill (P.L. 101-624, Sec. 2302), amending the Consolidated Farm and Rural Development Act of 1972 (7 U.S.C. 1921 et seq.), to administer FmHA community and business programs and other USDA rural development programs.
The Rural Business Investment Program, established by the 2002 farm bill, (P.L. 107–171, Sec. 6029), guarantees the funds raised by companies that make equity investment in rural businesses, with an emphasis on smaller businesses. The program is modeled after the SBA Small Business Investment Program. (7 U.S.C. 2009cc).
The USDA Rural Business Development Grant Fund: This grant program is specifically for small businesses in rural areas. This program aims to bolster small businesses to improve rural communities.
Loan guarantees are available to commercial lenders of whom make credit available for business activity in rural areas with populations up to 50,000. [6] The funds received from this program may be used to purchase land, buildings and equipment, and working capital. Funds received may also be used to refinance debts. [6]
Jul. 13—WASHINGTON — The U.S. Department of Agriculture (USDA) announced the opening of the financial assistance application process for eligible farmers, ranchers, and forest landowners who ...
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