Rural Business Enterprise Grants

Rural Business Enterprise Grants are for financing and developing small and emerging private businesses with less than $1 million in revenues, and which will have fewer than 50 new employees. There is no maximum dollar limit for any one project. Funds can be used for technical assistance, revolving loan program, incubator/industrial buildings, and industrial park improvements.

 

Program Details

How much are the grants?

There is no maximum level of grant funding.  However, smaller projects are given higher priority.  Generally grants range from $10,000 up to $500,000.

   
Who is
eligible?
Applicants are non-profit associations, Indian Tribes, or public bodies and applicants must fulfill the specified population and income requirements.  For-profit businesses and organizations are not eligible. 
   
What is the definition of rural? Rural is defined as any area other than a city or town that has a population of greater than 50,000 and the urbanized area contiguous and adjacent to such a city or town according to the latest decennial census.  At least 51 percent of the outstanding interest in any project must have membership or be owned by U.S. citizens or resident aliens. 
   
What types of projects are eligible? The RBEG program is a broad based program that reaches to the core of rural development in a number of ways.  Examples of eligible fund use include:  Acquisition or development of land, easements, or rights of way; construction, conversion, renovation of buildings, plants, machinery, equipment, access streets and roads, parking areas, utilities; pollution control and abatement; capitalization of revolving loan funds including funds that will make loans for start ups and working capital; training and advancement; rural transportation improvement; and project planning.  Any project funded under the RBEG program should benefit small and emerging private businesses in rural areas.  Small and emerging private businesses are those that will employ 50 or fewer new employees and have less than $1 million in projected gross revenues. 
   
Key RBEG Initiatives
  • Regional projects

  • Projects that leverage funding among partners

  • Sustainable projects that have a high probability of success

More Information: Contact our State Office at (785) 271-2740.
   
Supporting Documents  
  RBEG Pre Application
  RBEG Full Application Template
  RBEG Regulations