Rural Business Opportunity Grants

 

To promote sustainable economic development in rural communities with exceptional needs.

Deleted 03/27/2024 (Archived.) 10.773 Rural Business-Cooperative Service, Department of Agriculture B - Project Grants Not applicable. Federal Agriculture Improvement and Reform Act of 1996, Section 741, Public Law 104-127. Grants may be made to public bodies, nonprofit corporations, Federally-Recognized Native American Tribes, and cooperatives with members that are primarily rural residents and that conduct activities for the mutual benefit of the members. Rural communities and businesses in rural areas. Evidence of legal capacity. Evidence of financial strength and expertise in activities such as proposed in the application, sufficient to ensure accomplishment of the activities and objectives described in the application. Preapplication coordination is required. An environmental impact statement is required for this listing. An environmental impact assessment is required for this listing. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. To be considered, all applicants shall submit the required details, forms, and documentation in accordance with the program's regulations, agency procedures, and the annual funding opportunity announcement application submission requirements All applications will be reviewed in accordance with the program's regulations agency procedures, and the annual funding opportunity announcement application requirements. Contact the headquarters or regional location, as appropriate for application deadlines From 60 to 90 days. Deadlines are announced via the program's annual funding opportunity announcement. Approvals are no later than Sep 30 of each fiscal year Adverse decision may be appealed in accordance with procedures set out at 7 CFR 11. Not applicable. Grant selection criteria include the extent to which economic development resulting from the proposed project will be sustainable over the long term; the extent to which the project should lead to improvements in the quality of economic activity within the community, such as higher wages, improved benefits, greater career potential, and the use of higher level skills; the amount of funds from other sources; service to communities that are experiencing trauma due to a major natural disaster or the closing or major downsizing of a military facility or other major employer; service to communities that have remained consistently impoverished over the long term or have experienced long term population decline or job deterioration; and the extent of the project's usefulness as a best practice that may serve as a model for other communities. Grant funds may be used to assist in the economic development of rural areas by providing technical assistance, training, and planning for business and economic development. Performance Reports: Grantees must provide a financial report and performance activity report quarterly while the project is in process, and a project evaluation report within 1 year after the project is completed Not applicable. Project records must be maintained for three years following the completion of the award. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. Funding for complete projects is limited to projects that can be completed within 2 years. Projects of longer duration may only be funded for 1 year at a time. Method of awarding/releasing assistance: Quarterly. Contact the appropriate Rural Development State Office found at http://www.rd.usda.gov/contact-us/state-offices. Specialiy Program
1400 Independence Ave
Washington, DC 20250 USA
Sami.Zarour@wdc.usda.gov
Phone: 2027201400 http://www.rd.usda.gov/programs-services/rural-business-development-grants 12-1902-0-1-452 (Cooperative Agreements) FY 18$28,000,000.00; FY 19 est $0.00; FY 20 est $0.00; FY 17$30,000,000.00; FY 16$24,000,000.00; - See funds under RBDG Varies from year to year Implementing regulations are published in the Federal Register (64 FR 71984) The CFR citation is 7 CFR 4284, Subpart G. Not applicable.