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RURAL BUSINESS ENTERPRISE GRANT

Purpose:  To assist local entities finance and facilitate the development of small, emerging private business enterprises, provide technical assistance, and establish revolving loan programs

Program Type:  Grants to support local and regional economic development programs for non-farm businesses

Eligible Applicants:  Public bodies, nonprofit corporations, and Indian tribes

Eligible Areas:  Any area other than a city or town with a population of 50,000 or greater and the urbanized areas contiguous and/or adjacent to such a city or town

Authorized Purposes:  Funds may be used to provide technical assistance, establish a revolving loan fund, or other business development initiative directed toward small, emerging private enterprises

When to Apply:  Year round

Who to Contact:  Kentucky Rural Development's Business and Cooperative Programs office can be reached at 859/224-7435; additional information can be viewed on the BCP national webpage