USDA Rural Development State Director Howard Henderson announces an extension for accepting applications for our Rural Business Development Grant Program (RBDG) which helps support rural small businesses.
“Congress established the RBDG program in the 2014 Farm Bill by combining both Rural Business Enterprise Grant program and the Rural Business Opportunity Grant Program,” Henderson said. “Since the 2014 Farm Bill was enacted, we have provided over $300,000 in funding for various projects. We continue to work towards streamlining our programs and help rural communities throughout the Garden State.”
The RBDG is a competitive grant designed to support technical assistance, training and other activities leading to the development or expansion of small and emerging businesses in rural New Jersey. Some of these activities may include training and technical assistance, such as project planning, business counseling/training, market research, feasibility studies, professional/technical reports, or product/service improvements.
Eligible applicants include rural public entities, nonprofit corporations, and Institutions of Higher Education.
There is no maximum grant amount however, smaller requests are given higher priority. Generally, grants range from $10,000 up to $500,000 and no match is required. These funds must also be directly related to projects benefitting rural areas.
To obtain an application package or to discuss your project, please contact Victoria Fekete, Business Programs Director at (856) 787-7752 or email her at Victoria.Fekete@nj.usda.gov.
Completed applications must be submitted to the USDA, Rural Development Office located at 8000 Midlantic Drive, Suite 500N, Mt. Laurel, NJ 08054. The application deadline has been extended until the close of business on May 2, 2016.