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Maine

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Rural Business Enterprise Grant Program

HOW TO APPLY:

Click here to contact the State Office. Basic information will be provided over the telephone, and an application will be mailed to you to be completed and returned to the office; or an appointment will be scheduled.

OBJECTIVE:

Finance and facilitate development of small and emerging private business in rural areas.

  1. Rural Areas are populations of less than 50,000
  2. Small and Emerging Business has 50 or fewer employees and projected gross revenues of less than $1 million

ELIGIBLE APPLICANTS:

The following, given that at least 51%  of membership is U.S. citizens or legally admitted residents

  1. Public Bodies
  2. Nonprofit Organizations
  3. Federally Recognized Indian Tribes

GRANT PURPOSES:

Land Acquisition and Development

Technical assistance (a problem-solving activity)

Construction, enlargement, or modernization of fixed assets or infrastructure

Loans for start-up and working capital

Reasonable fees and charges for professional services necessary for the project

Training, when necessary with technical assistance

Revolving loan funds

GRANT PRIORITY:

High unemployment

Low income

Business start-up or expansion

Revolving Loan Funds

Maintaining Creating jobs

Grants of not more than $100,000

Consistent with overall development plan for the project area

Applicants with experience in successful rural development

 

 

Click here to obtain more information on our rural business enterprise grant program, or to request an application.

If you would like to review USDA Regulations, Procedures, Notices, RD Forms, or RD Handbooks, Click Here.

 

Return to Business Programs.