HomeMy WebLinkAbout01-24-23 Correspondence - USDA - USDA Offers Grants to Create Jobs and Businesses in Underserved Rural CommunitiesFrom:USDA Rural Development MontanaTo:AgendaSubject:USDA Offers Grants to Create Jobs and Businesses in Underserved Rural CommunitiesDate:Tuesday, January 24, 2023 8:33:11 AM
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USDA Rural Development - Together, America Prospers
STAKEHOLDER ANNOUNCEMENT
USDA Offers Grants for Programs to Create High-Wage Jobs
and New Businesses in Underserved Rural Communities
Bozeman, Mont., Jan. 24, 2023 – U.S. Department of Agriculture (USDA) Rural
Development Under Secretary Xochitl Torres Small announced recently that USDA is
accepting grant applications for community-driven programs that will help create high-
wage jobs and new businesses in underserved rural communities.
The Rural Innovation Stronger Economy (RISE) program provides grants for job
accelerator partnerships that will serve people in low-income and underserved rural
communities.
For fiscal year 2023, the RISE program is making $2 million available to consortiums of
local governments, investors, industry, institutions of higher education, and other public
and private entities in rural areas. The funding may be used to support innovation centers
and job accelerator programs that improve the ability of distressed rural communities to
create high-wage jobs, form new businesses, and identify and maximize local assets.
USDA encourages applications that serve the smallest communities with the lowest
incomes.
USDA is also offering priority points to projects that advance key priorities under the
Biden-Harris Administration to create more and better market opportunities and improved
infrastructure, advance equity, and combat climate change. These extra points will
increase the likelihood of funding for projects seeking to address these critical challenges
in rural America.
The deadline to submit applications is 11:59 p.m. Eastern Time, April 20, 2023.
Applications must be submitted through Grants.gov. Potential applicants may submit a
concept proposal for review by the agency to Grants.gov no later than 4:30 p.m. local time
Feb. 21.
For more information on how to apply for the Rural Innovation Stronger Economy
program, contact Lad Barney, Business and Cooperative Programs Director for USDA
Rural Development in Montana at 406-309-3350 or lad.barney@usda.gov.
The minimum award amount per grant is $500,000 and the maximum award amount per
grant is $2 million.
For additional information, see page 3705 of the Jan. 20, 2023, Federal Register.
Applicants are encouraged to contact their nearest USDA Rural Development in Montana
office ahead of the application deadline for more information about the program or the
application process.
USDA Rural Development provides loans and grants to help expand economic
opportunities and create jobs in rural areas. This assistance supports infrastructure
improvements; business development; housing; community facilities such as schools,
public safety and health care; and high-speed internet access in rural areas. For more
information, visit www.rd.usda.gov.
If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery
subscriber page.
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