Rural Business Opportunity Grants
To promote sustainable economic development in rural communities with exceptional needs.
General information about this opportunity
Last Known Status
Rural Business-Cooperative Service, Department of Agriculture
Type(s) of Assistance Offered
B - Project Grants
Federal Agriculture Improvement and Reform Act of 1996, Section 741, Public Law 104-127.
Who is eligible to apply/benefit from this assistance?
Grants may be made to public bodies, nonprofit corporations, Federally-Recognized Native American Tribes, and cooperatives with members that are primarily rural residents and that conduct activities for the mutual benefit of the members.
Rural communities and businesses in rural areas.
Evidence of legal capacity. Evidence of financial strength and expertise in activities such as proposed in the application, sufficient to ensure accomplishment of the activities and objectives described in the application.
What is the process for applying and being award this assistance?
Preapplication coordination is required. An environmental impact statement is required for this listing. An environmental impact assessment is required for this listing.
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. To be considered, all applicants shall submit the required details, forms, and documentation in accordance with the program's regulations, agency procedures, and the annual funding opportunity announcement application submission requirements
All applications will be reviewed in accordance with the program's regulations agency procedures, and the annual funding opportunity announcement application requirements.
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
From 60 to 90 days. Deadlines are announced via the program's annual funding opportunity announcement. Approvals are no later than Sep 30 of each fiscal year
Adverse decision may be appealed in accordance with procedures set out at 7 CFR 11.
How are proposals selected?
Grant selection criteria include the extent to which economic development resulting from the proposed project will be sustainable over the long term; the extent to which the project should lead to improvements in the quality of economic activity within the community, such as higher wages, improved benefits, greater career potential, and the use of higher level skills; the amount of funds from other sources; service to communities that are experiencing trauma due to a major natural disaster or the closing or major downsizing of a military facility or other major employer; service to communities that have remained consistently impoverished over the long term or have experienced long term population decline or job deterioration; and the extent of the project's usefulness as a best practice that may serve as a model for other communities.
How may assistance be used?
Grant funds may be used to assist in the economic development of rural areas by providing technical assistance, training, and planning for business and economic development.
What are the requirements after being awarded this opportunity?
Grantees must provide a financial report and performance activity report quarterly while the project is in process, and a project evaluation report within 1 year after the project is completed
Project records must be maintained for three years following the completion of the award.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Funding for complete projects is limited to projects that can be completed within 2 years. Projects of longer duration may only be funded for 1 year at a time. Method of awarding/releasing assistance: Quarterly.
Who do I contact about this opportunity?
Regional or Local Office
Contact the appropriate Rural Development State Office found at http://www.rd.usda.gov/contact-us/state-offices.
1400 Independence Ave
Washington, DC 20250 USA
(Cooperative Agreements) FY 18$28,000,000.00; FY 19 est $0.00; FY 20 est $0.00; FY 17$30,000,000.00; FY 16$24,000,000.00; - See funds under RBDG
Range and Average of Financial Assistance
Varies from year to year
Regulations, Guidelines and Literature
Implementing regulations are published in the Federal Register (64 FR 71984) The CFR citation is 7 CFR 4284, Subpart G.
Examples of Funded Projects