HomeMy WebLinkAbout09-14-23 Correspondence - US Dept of Agriculture - USDA Seeks Applications for Loans and Grants to Expand Access to New and Better Markets for Rural Small Business Owners and EntrepreneursFrom:USDA Rural Development MontanaTo:AgendaSubject:[EXTERNAL]USDA Seeks Applications for Loans and Grants to Expand Access to New and Better Markets for Rural SmallBusiness Owners and EntrepreneursDate:Thursday, September 14, 2023 9:45:43 AM
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US Department of Agriculture Rural Development - Together America Prospers
STAKEHOLDER ANNOUNCEMENT
USDA Seeks Applications for Loans and Grants to ExpandAccess to New and Better Markets for Rural Small BusinessOwners and Entrepreneurs
WASHINGTON, Sept. 14, 2023 – The U.S. Department of Agriculture (USDA) today
announced that it is accepting applications for loans and grants to expand access to new
and better markets for rural small business owners and microentrepreneurs.
The Department is making approximately $29 million available in funding through the
Rural Microentrepreneur Assistance Program (RMAP).
USDA provides RMAP funding to non-profits, Tribes, colleges and universities to create
revolving loan fund programs and support training and technical assistance for rural
microentrepreneurs and microenterprises. Rural businesses with 10 or fewer full-time
employees are eligible for loans and technical assistance.
USDA is particularly interested in applications that will advance Biden-Harris
Administration priorities to:
Reduce climate pollution and increase resilience to the impacts of climate change
through economic support to rural communities.
Ensure all rural residents have equitable access to Rural Development (RD)
programs and benefits from RD-funded projects; and
Help rural communities recover economically through more and better market
opportunities and through improved infrastructure.
Interested applicants are encouraged to contact Lad Barney, USDA Rural Development in
Montana Business Programs Director, at lad.barney@usda.gov in advance of the
application deadline to ask questions about their project, the program, or the application
process.
Montana applications must be submitted to lad.barney@usda.gov no later than 9:59 p.m.
Mountain Time on the following dates:
First Quarter: Sept. 30, 2023
Second Quarter: Dec. 31, 2024
Third Quarter: March 31, 2024
Fourth Quarter: June 30, 2024
Additional information is available on page 63054 of the Sept. 14, 2023, Federal Register.
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