Applications due June 13 for grants that will promote sustainable economic development
Editor’s note: the following is a legal alert from BBK Law.
By Gerard Lavery Lederer & Seth Merewitz.
New grants from the United States Department of Agriculture will help promote sustainable economic development in rural communities with exceptional needs. The Rural Business Opportunity Grants, announced May 2, will be awarded on a competitive basis.
These grant funds, not to exceed $100,000, must be used for projects in rural areas for:
- Community economic development
- Technology-based economic development
- Feasibility studies and business plans
- Leadership and entrepreneur training
- Rural business incubators
- Long-term business strategic planning
Public bodies, nonprofit corporations, Indian tribes, institutions of higher education and rural cooperatives are eligible to apply. The deadline for application is June 13. There is no cost-share requirement for this grant.
For more information, see USDA website: http://www.rurdev.usda.gov/BCP_RBOG.html
If you have any questions about this grant or economic development or federal grant opportunities, or for assistance applying for grants, please contact one of the attorney authors of this legal alert listed at the right in the firm’s Municipal Law practice group, or your BB&K attorney.
Disclaimer: BB&K legal alerts are not intended as legal advice. Additional facts or future developments may affect subjects contained herein. Seek the advice of an attorney before acting or relying upon any information in this communiqué.