Funding by Topic: Economic development

Summaries of funding programs are provided by RAC for your convenience. Please contact the funder directly for the most complete and current information. You can also browse a list of inactive funding programs.

National Funding Programs

2009 National e-Commerce Extension Initiative: Program Implementation Mini-Grants
Funding to expand the adoption of e-commerce strategies by communities, small/micro businesses, and entrepreneurs across the country.
    Geographic Coverage: Nationwide
    Application Deadline: Jan 15, 2010
    Sponsor: Southern Rural Development Center

Count Me In Loans
Provides business loans to women.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Count Me In

FY 2009 EDA American Recovery Program Pursuant to the American Recovery and Reinvestment Act of 2009
Grants that will promote comprehensive, entrepreneurial and innovation-based economic development efforts.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Economic Development Administration

HOPE VI Main Street Program
Grants to small communities to assist in the rehabilitation and new construction of affordable housing in conjunction with an existing program to revitalize an historic or traditional central business district.
    Geographic Coverage: Nationwide
    Application Deadline: Jan 20, 2010
    Sponsor: U.S. Department of Housing and Urban Development

Patriot Express Loan Initiative
A loan initiative for veterans and members of the military community wanting to establish or expand small businesses.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Small Business Administration

Rural Economic Development Loan and Grant Program
Loans and grants are to assist in economically developing rural areas.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: USDA Rural Business-Cooperative Service

Rural Passenger Transportation Technical Assistance Program - Long Term Technical Assistance
Technical Assistance program to provide transit planning assistance for facility and service development and expansion.
    Geographic Coverage: Nationwide
    Application Deadline: Nov 23, 2009
    Sponsor: Community Transportation Association of America

Rural Passenger Transportation Technical Assistance Program - Short-term Technical Assistance
The focus of the program is economic development: helping small and emerging businesses and stimulating economic development through new and improved public transportation.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Community Transportation Association of America

SBA Certified Development Company (504) Loan Program
Provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Small Business Administration

Section 108 Loan Guarantee Program
Funding that provides communities with a source of financing for economic development, housing rehabilitation, public facilities, and large-scale physical development projects.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: U.S. Department of Housing and Urban Development

Stimulus Assistance: USDA Rural Development Programs
Grant, loan, and loan guarantee assistance to rural residents, rural communities, and rural utility systems.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: USDA Rural Development

Tribal Transit Technical Assistance Program - Short Term Technical Assistance
Assistance for tribal communities to enhance economic growth and development by improving transportation services.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Community Transportation Association of America

U.S. Bancorp Foundation Grants
Support for the creation of economic opportunity through grants to organizations that provide affordable housing, encourage self-sufficiency, and assist economic development.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: U.S. Bancorp Foundation

USDA Business and Industry Guaranteed Loans
Helps create jobs and stimulates rural economies by providing financial backing for rural businesses.
    Geographic Coverage: Nationwide
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: USDA Rural Development

State and Regional Funding Programs

Midwest Assistance Program Loan Fund
Provides low-cost, short and intermediate term loans for community water and wastewater projects through its Community Revolving Loan Fund.
    Geographic Coverage: Iowa, Kansas, Minnesota, Montana, Missouri, Nebraska, North Dakota, South Dakota and Wyoming
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Midwest Assistance Program

REAP Direct Loan Program
Loan products designed to fill a gap for financing needs of startup and existing small businesses in rural Nebraska.
    Geographic Coverage: Nebraska
    Application Deadline: Applications accepted on an ongoing basis
    Sponsor: Rural Enterprise Assistance Project

Winthrop Rockefeller Foundation
Provides resources to build and sustain strong communities for all Arkansans
    Geographic Coverage: Arkansas
    Application Deadline: Applications accepted on an ongoing basis

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