The Rural Business Enterprise Grant (RBEG) program provides grants of $10,000 up to $500,000 for rural projects that help small and emerging rural businesses, distance learning networks, employment related adult education programs, and a broad array of activities.
Any project funded under the RBEG program should benefit small and emerging private businesses located in rural area – an area with populations of 50,000 or less. Small and emerging private businesses are those that will employ 50 or fewer new employees and have less than $1 million in projected gross revenues. At least 51 percent of the outstanding interest in any project must have membership or be owned by U.S. citizens or resident aliens.
Eligible recipients include the following:
• rural public bodies
• rural private nonprofit corporations
• states, counties, cities, townships, incorporated town and villages, boroughs, authorities, districts
• Native American Tribes on Federal and State reservations
• other Federally recognized Tribal groups in rural areas
Eligible projects include the following:
• acquisition or development of land, easements, or rights of way
• construction, conversion, renovation, of buildings, plants, machinery, equipment, access streets and roads, parking areas, and utilities
• pollution control and abatement
• capitalization of revolving loan funds including funds that will make loans for startups and working capital
• training and technical assistance
• distance adult learning for job training and advancement
• rural transportation improvement
Visit this web site to find contact information for a Rural Development Office near you: http://www.rurdev.usda.gov/StateOfficeAddresses.html.
Learn More: http://www.rurdev.usda.gov/BCP_rbeg.html