Idaho Business and Cooperative Programs

Action Cycles 'N Sleds — Twin Falls, ID

Loan Guarantee to DL Evans Bank supports Action Cycles 'N Sleds, LLC ability to service customers while creating jobs in the Magic Valley — Twin Falls, ID

Loan Guarantee funded with Business and Industry Loan Guarantee Program. (B&I)

More information about the B&I Program

Cloverleaf Creamery — Buhl, ID

VAPG recipient, Cloverleaf Creamery expanded distribution for their all-natural milk products produced from the owner's family dairy. Nearly 100% of the dairy's milk production goes into fluid milk, butter, ice cream and yogurt products used by local restaurants and may be purchased at numerous grocery stores in both Treasure and Magic Valleys. — Buhl, ID

Funded with the Value-Added Producer Grant Program Program (VAPG).

More information about the VAPG Program

NourishMe health food store — Ketchum, ID

Ultimate recipient of a loan to Business Loan Solutions, Nourishme health food store distributes several products by local producers made possible through USDA's Value-added Producer Grant, and Idaho's Bounty (RBEG 2010 recipient). — Ketchum, ID

Loan funds were provided through the Intermediary Relending Program (IRP)

More information about the Business Lending Solutions project

4.5 megawatt digester — Jerome, ID

AgPower Jerome, LLC's 4.5 MW Anaerobic Digester has a 20-year power sale agreement with Idaho Power and generates enough electricity to power 3,400 homes annually. Development of the facility supported nearly 100 jobs during construction. — Jerome, ID

$500,000 grant funded through the Rural Energy For America Program (REAP).

More information about the AgPower Jerome project

Promoting a dynamic business environment in rural Idaho is the goal of Business Programs. Business Programs works in partnership with the private sector and community-based organizations to facilitate investment in rural economic development projects. Business Programs helps fund projects that create or preserve quality jobs, help agricultural producers & rural small businesses reduce energy costs & help meet the nation’s energy needs, increase income to agricultural producers through facilitating value-added activities, and promote a clean rural environment. The financial resources of these rural business development programs are often leveraged with those of private lenders and other resource providers to meet business and credit needs in rural Idaho, including underserved areas. Programs administered through the Business Programs range from direct financial assistance and loan guarantees to technical assistance.

 

Topics on this page include:


New Info Required for Loans & Grants!
All RD grant applicants must now be registered in the Central Contractor Registration (CCR). CCR registration is a requirement for virtually all parties seeking Federal financial assistance, not just government contractors. In order to register, you will first need a DUNS number. To complete a CCR registration, go to www.sam.gov, create an account (ID and password), and provide the required information (including DUNS#, Tax ID#, statistical information about your business, and Electronic Funds Transfer Information for payments). Be aware that it takes 1-3 days for CCR registration to take effect, so please do not put this off. If you are already registered in CCR, be sure your information is current and accurate. If you receive an RD award, you must keep your CCR information current, updating it at least annually, until your award project is complete.


B&I Loan Guarantee Program

The Business and Industry (B&I) Loan Guarantee Program a lender-driven program that provides a loan guarantee to a bank or other approved lender to finance private businesses located in rural areas of 50,000 population or less. Business loan guarantee purposes include, among other items, construction, acquisition, working capital, equipment purchase, startup costs, and expansion costs. Applicants for these loans may be any legal entity, including individuals, public and private organizations, and federally recognized Indian tribal groups.


Idaho Fact Sheets and Information:

  • Fact Sheet: B&I Loan Guarantee Program
  • Guide: Obtaining a Business and Industry Loan Guarantee
       (Application Process)
  • Guide A: Preapplication Letter
  • Guide B: Formal Application
  • B&I Loan Agreement Requirements


  • Where To Apply

    Businesses and Lenders are highly encouraged to contact the Business Program Specialist indentified on the B&I Fact Sheet as being located closest to the project, or the Business Program State Office, to discuss the project prior to submittal of a preapplication or application.

    Businesses will submit application materials to their Lender, and the Lender in turn submits an application to the local USDA Rural Development office.

    < Top of Page

    <Go Back to Rural Development Idaho Home



    Rural Energy for America

    Through the Rural Energy for America program (REAP), Rural Development provides loan guarantees and/or grants to agricultural producers and rural small businesses to: (1) purchase renewable energy systems; or, (2) make energy efficiency improvements. In addition, Rural Development provides grants to agricultural producers and rural small businesses to conduct feasibility studies for renewable energy systems.   For information on other energy programs, please visit the following site for a complete overview: RD Energy Programs


    Idaho Fact Sheets and Information:

  • Fact Sheet: Energy Loan Guarantee Program
  • Fact Sheet: Energy Grant Program
  • Fact Sheet: Feasibility Study Grant Program


  • Note: This program has a Notice of Funding Availability(NOFA) published annually in the Federal Register, with a corresponding application deadline. Please check our Program Deadlines page for details on deadlines for the current fiscal year, or contact your nearest Program Specialist.

  • Link to prior year NOFA


  • USDA is deeply involved in and committed to the nation's quest for energy security. With many programs extending across several agencies and mission areas, USDA assists farmers, rural residents, and the nation to respond to energy-related issues and opportunities. A comprehensive overview of these programs may be found by visiting the Energy Matrix located: USDA Energy Website

    Where To Apply

    All Energy program inquirers and applicants are highly encouraged to contact the Business Program Specialist indentified on the Program Fact Sheets as being located closest to the project, or the Business Program State Office, to discuss the project prior to submittal of a preapplication or application.

    Loan Guarantee Program: Businesses submit application materials to their Lender, and the Lender in turn submits an application to the local USDA Rural Development office.

    Energy Grant and Feasibility Study Grant Program: Applications are made to the local USDA Rural Development office .

    < Top of Page

    <Go Back to Rural Development Idaho Home


    Rural Business Enterprise Grant

    Through the Rural Business Enterprise Grant (RBEG) program, grant funds are awarded to public agencies, private non-profit corporations or Indian groups to facilitate the development of private business. RBEG funds can be used to fund technical assistance needs, to establish or fund revolving loan programs, or to provide needed equipment. Grant funds are not provided directly to a private business.


    Idaho Fact Sheets and Information:

  • Fact Sheet: Rural Business Enterprise Grant (RBEG)
  • RBEG Information for Prospective Applicants


  • Where To Apply

    Eligible applicants (public agencies, private non-profit corporations or Indian groups) are highly encouraged to contact the Business Program Specialist indentified on the RBEG program Fact Sheet as being located closest to the project, or the Business Program State Office, to discuss the project prior to submittal of a preapplication or application.

    Applications are made to the local USDA Rural Development office.

    < Top of Page

    <Go Back to Rural Development Idaho Home


    Value Added Producer Grant

    Through the Value Added Producer Grant (VAPG) program, Rural Development provides grants to individuals and entities, including independent producers, agricultural producer groups, farmer or rancher cooperatives, and majority-controlled producer based business ventures, for either planning activities or working capital.


    Idaho Fact Sheets and Information:

  • Fact Sheet: Value Added Producer Grant program


  • Where To Apply

    Inquirers and applicants are highly encouraged to contact the Business Program Specialist indentified on the VAPG program Fact Sheet as being located closest to the project, or the Business Program State Office, to discuss the project prior to submittal of an application. Applications are made to the local USDA Rural Development office.

    Applications are made to the local USDA Rural Development office.

    < Top of Page

    <Go Back to Rural Development Idaho Home


    Intermediary Relending Program

    Through the Intermediary Relending Program (IRP), Rural Development provides a loan to private nonprofit organizations, public entities and others to finance business facilities and community development projects in rural areas of 25,000 population or less. The RBS loan is used to establish or fund a revolving loan program to provide financial assistance for community development projects, establishment of new businesses or expansion of existing businesses, and saving and/or creation of jobs in rural areas.

    Below you will find a list of the intermediaries that presently have closed IRP loans in the State of Idaho and who thus have loan funds available for re-loaning to rural businesses. The Fact Sheet also provides the intermediary's service area and contact person, as well as an overview of the program and loan requirements.


    Idaho Fact Sheets and Information:

  • Fact Sheet: Intermediary Relending Program (IRP)
  • List of the intermediaries


  • Where To Apply

    Businesses: Applications are made to the Intermediary serving your area as shown on the list of the intermediaries

    Intermediary: Applications are made to the local USDA Rural Development office.

    < Top of Page

    <Go Back to Rural Development Idaho Home


    Cooperative Services

    Through Cooperative Services, RBS provides technical assistance and research (in the form of publications and other materials) to assist rural residents to form new cooperatives and to improve the operations of existing cooperatives. Visit the following site for a complete overview of these services: Cooperative Programs



    < Top of Page

    <Go Back to Rural Development Idaho Home


    Revolving Loan Fund and Technical Assistance Programs for Rural Businesses

    Business Program partner organizations have other programs available to assist small businesses via revolving loan fund programs to finance commercial projects and/or technical assistance programs that can provide business planning assistance.


    Idaho Partners and Information:

  • Download List of Partners and Contacts
  • Panhandle Area Council - Hayden, ID
  • Clerwater Economic Development Assoc. - Lewiston, ID
  • Idaho Council of Governments Serving Southwest Idaho    (formerly Sage Community Resources) - Garden City, ID
  • Region IV Development Assoc. - Twin Falls, ID
  • Eastern Idaho Development Corp. - Pocatello, ID
  • Southeast Idaho Council of Governments - Pocatello, ID
  • The Development Company - Rexburg, ID


  • < Top of Page

    <Go Back to Rural Development Idaho Home