We are committed to helping improve the economy and quality of life in rural America.
The grant program is designed to support small and emerging businesses in rural areas, focusing on those with fewer than 50 employees and less than $1 million in gross revenue. The grants aim to provide technical assistance, training, and support across various areas, including but not limited to: project planning, business counseling, market research, feasibility studies, land development, construction, pollution control, capitalization of revolving loan funds, distance learning, transportation improvement, community economic development, and technology-based economic development. There are two types of grants within this program: Opportunity and Enterprise grants, with Opportunity grants being capped at 10% of total annual funding and focusing on more specific areas such as community development and entrepreneur training, while Enterprise grants are intended for broader projects benefiting small and emerging rural businesses.