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USDA Seeks Applications for Grants to Help Socially Disadvantaged Rural Businesses

Name
Kelly K. Clark
City
Carson City
Release Date

USDA Rural Development is seeking applications for grants to assist socially disadvantaged business groups in rural areas.

 

USDA provides grants to local cooperatives and other organizations that provide technical assistance to socially disadvantaged groups in rural areas. Examples of technical assistance include providing leadership training, conducting feasibility studies and developing business and strategic plans.

 

Recipients eligible for these grants include groups of cooperatives, individual cooperatives and cooperative development centers that serve socially disadvantaged groups. The cooperatives or development centers can be based in any area, but the groups that receive technical assistance must be located in an eligible rural area. USDA is encouraging applications for projects in census tracts with poverty rates of 20 percent or higher.

 

USDA is making $3 million in grants available. The maximum award a recipient may receive is $175,000. All grants are awarded through a national competition. More information on how to apply can be found on page 36254 of the June 6, 2016 Federal Register. Applications must be submitted by August 5, 2016, or electronically by August 1, 2016.

 

USDA awarded 126 grants totaling $19.5 million through the Socially Disadvantaged Groups Grant program between 2009 and 2015. 

 

For information about applying for these funds in Nevada, please contact Herb Shedd USDA Rural Development Business Programs Coordinator at (775) 887-1222, Ext. 119.

 

 

 

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USDA is an equal opportunity provider, employer and lender.