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Rural Economic Development Loan & Grant Program is sponsored by USDA (administered through local utility organizations like Minnkota Power Cooperative). This program provides funding for rural projects through local utility organizations. USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses for projects that will create and retain employment in rural areas.
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Rural Economic Development Loan & Grant Program - Office of Rural Prosperity Rural Economic Development Loan & Grant Program The Rural Economic Development Loan and Grant program provides funding for rural projects through local utility organizations.
USDA provides zero-interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. The ultimate recipients repay the lending utility directly. The utility then is responsible for repayment to USDA.
USDA provides grants to local utility organizations which use the funding to establish Revolving Loan Funds (RLF). Loans are made from the revolving loan funds to projects that will create or retain rural jobs. When the revolving loan fund is terminated, the grant is repaid to USDA.
The local utility passes the funding to ultimate recipients for such eligible projects as: business incubators, community development assistance to nonprofits and public bodies (particularly for job creation or enhancement), facilities and equipment to educate and train rural residents to facilitate economic development, facilities and equipment for medical care for rural residents, start-up venture costs (including, but not limited to financing fixed assets such as real estate, buildings, equipment or working capital), business expansion, technical assistance.
To receive funding (which will be forwarded to selected eligible projects), an entity must be: A former Rural Utilities Service borrower who borrowed, repaid or pre-paid an insured, direct or guaranteed loan; Nonprofit utilities that are eligible to receive assistance from the Rural Development Electric or Telecommunication Programs; Current Rural Development Electric or Telecommunication Programs borrowers.
Intermediaries may use funds to lend for projects in rural areas or towns with a population of fewer than 50,000 residents. U.S. Department of Agriculture Provides leadership on food, agriculture, natural resources, rural development, nutrition, and related issues based on public policy, the best available science, and effective management.
Wisconsin Cooperative Development Grant Wisconsin Economic Development Corporation The Wisconsin Economic Development Corporation (WEDC) is offering grants to support the development of new and existing cooperatives in Wisconsin, with a goal of fostering the success of current and future cooperatives by supporting planning and exploratory research in advance of making a large investment.
WI Bureau of Environmental and Occupational Health (BEOH) Wisconsin Department of Health Services The Bureau promotes public health through statewide programs to increase public awareness of environmental and occupational health hazards and disease and works to prevent and control exposure to environmental and occupational health hazards.
DHS Assessment of Chemical Exposure Toolkit U.S. Department of Health and Human Services The ACE Toolkit contains surveys, consent forms, training materials, and databases that can be easily customized for use in an assessment after a chemical incident. Office of Rural Prosperity Wisconsin Economic Development Corporation 2352 S. Park St.
, Suite 303
According to the current listing, eligibility includes: Rural projects through local utility organizations, with ultimate recipients being local businesses that create and retain employment in rural areas. Confirm the full requirements in the official notice before applying.
Rural Economic Development Loan & Grant Program is funded by USDA (administered through local utility organizations like Minnkota Power Cooperative). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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