USDA Financing Available to Support Native American Rural Businesses and Create Jobs, Applications Due May 15

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USDA Financing Available to Support Native American Rural Businesses and Create Jobs, Applications Due May 15

The U.S. Department of Agriculture (USDA) Rural Development is accepting applications from Indian tribes for grants to support rural businesses and help create jobs.

Approximately $4 million is expected to be made available nationwide for Native American applications to the Rural Business Development Grant (RBDG) program. The grants will be awarded competitively through a national competition.

Congress established the RBDG program under the 2014 Farm Bill. The new program combines USDA’s former Rural Business Enterprise Grant (RBEG) and Rural Business Opportunity Grant (RBOG) programs. The new program, like its predecessors, is designed to assist with the startup or expansion of small and emerging private businesses and/or nonprofits in rural communities.

These grants can be used to provide technical assistance and in some cases to establish revolving loan funds; to support rural distance learning programs that provide educational or job training; to acquire or develop land, buildings, plants and equipment; and to build or improve access roads, parking areas, utility extensions, and water and waste disposal facilities. There are no substantive programmatic or operational changes to the RBEG and RBOG programs as a result of this consolidation.

For additional information, see page 15665 of the March 25 Federal Register.

Grants made before the implementation of the RBDG program will continue to be governed by the terms of the applicable RBOG and RBEG regulations in effect at the time the grants were made.

If you are planning to submit an application in Oregon, we encourage you to contact a local Business & Cooperative Program Specialist or the State Office for more details about the application requirements and process:

Lisa Siesennop
Business & Cooperative Programs Director
USDA Rural Development
(503) 414-3367
Lisa.Siesennop@or.usda.gov

Complete Native American RBDG applications must be received by the USDA Rural Development State Office no later than 4:30 p.m. on Friday, May 15, 2015.