|
|
Rural Economic Development Loan and Grant Program
| |
Catalog of Federal Domestic Assistance Number: 10.854 |
Program
web site |
http://edocket.access.gpo.gov/2009/E9-24612.htm
|
| Sponsor |
USDA Rural Business-Cooperative Service |
| Deadlines |
Applications accepted on an ongoing basis |
| Purpose |
The primary objective of the program is to promote rural economic
development and job creation projects. Assistance provided to rural
areas, as defined, under this program may include business startup
costs, business expansion, business incubators, technical assistance
feasibility studies, advanced telecommunications services and computer
networks for medical, educational, and job training services and
community facilities projects for economic development. |
| Eligibility |
Loans and grants may be made to any entity that is identified by
USDA Rural Development as an eligible borrower under the Rural
Electrification Act. Applications will only be accepted for projects that promote rural economic development and job creation.
|
Geographic
coverage |
Nationwide |
Amount of
funding |
Maximum Anticipated Award: Loans--$740,000; Grant--$300,000.
|
Application
process |
The deadline for receipt of applications in the USDA Rural
Development State Office is: First Quarter, September 30, 2009; Second
Quarter, December 31, 2009; Third Quarter, March 31, 2010; and Fourth
Quarter, June 30, 2010.
Entities wishing to apply for
assistance should contact a Rural Development State Office to receive
further information and copies of the application package. A list of
Rural Development State Offices is available on the Program web site.
Applicants are encouraged to submit applications through the
Grants.gov Web site at: http://www.grants.gov. Applications may be
submitted in either electronic or paper format. Users of Grants.gov
will be able to download a copy of the application package, complete it
off line, and then upload and submit the application via the Grants.gov
Web site. Applications may not be submitted by electronic mail.
|
| |
For more information contact:
For further information, entities wishing to apply for
assistance should contact a Rural Development State Office to receive
further information and copies of the application package. Submit
applications to the USDA Rural Development State Office in the state
where your project is located. A list of the USDA Rural Development
State Offices addresses and telephone numbers are listed on the Program web site (Federal Register.)
Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. |
|
