Purpose
The purpose is to promote sustainable economic development in rural
communities with exceptional needs. This is accomplished by making
grants to pay costs of providing economic planning for rural communities,
technical assistance for rural businesses, or training for rural
entrepreneurs or economic development officials.
Eligibility
To be eligible for a Rural Business Opportunity Grant (RBOG) applicants
must be a public body, nonprofit corporation, Indian tribe, or cooperative
with members that are primarily rural residents. You must have significant
expertise in the activities you propose to carry out with the grant
funds and financial strength to ensure you can accomplish the objectives
of the proposed grant. You must be able to show that the funding
will result in economic development of a rural area (any area of
a State that is not within the boundaries of a city with a population
in excess of 10,000 inhabitants.) Your project must include a basis
for determining the success or failure of the project and assessing
its impact.
Limitations
Grant funds may not be used for:
- Duplication of current
services or to replace or substitute support previously provided.
- Pay costs of preparation
of application.
- Costs incurred prior
to effective date of the grant.
- Fund political activities.
- Acquisition of real
estate, building construction or development.
Selection Process
Projects eligible for RBOG funding compete based on certain grant
selection criteria. Priority points are awarded to those projects
that best meet these criteria and are ranked from the highest to
the lowest scoring. The criteria includes the sustainability and
quality of the economic activity expected; the amount of leveraging
of other funds; economic conditions in the service area, and the
projects's usefulness as a new best practice. Applications are funded
up to the maximum dollars that are available in any given funding
cycle.
Availability of Funds
The statutory limit is $1.5 million. The size of grants approved
is limited by the amount of program funds available. We expect most
grants to be $50,000 or less.
Program Administration
You may request additional information and copies of regulations
and forms, as well as file applications, with Brian Wiles,
USDA Rural Development, 100 USDA, Suite 108 Stillwater, OK 74074.
A complete application must be filed before it will be scored.
It is recommended that
you discuss the proposed project and process with the State office
before completing the application.
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