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Rural Business Opportunity Grant

Introduction

Rural Business Opportunity Grants (RBOG) provide for technical assistance, training, and planning activities that improve economic conditions in rural areas.  Rural Development has designed the program to promote sustainable economic development in rural communities with exceptional needs.

Who Is Eligible?

Grants may be made to public bodies, nonprofit corporations, Indian tribes on Federal or State reservations and other Federally recognized tribal groups, and cooperatives with members that are primarily rural residents and that conduct activities for the mutual benefit of the members.

Eligible Grant Purposes

Grant funds may be used to assist in the economic development of rural areas by providing technical assistance for business development and economic development planning.

Grant funds may be used to:

  • Identify and analyze business opportunities that will use local materials or human resources.

  • Identify, train, and provide technical assistance to existing or prospective rural entrepreneurs and managers.

  • Establish business support centers and otherwise assist in the creation of new rural businesses.

  • Conduct local community or multi-county economic development planning.

  • Establish centers for training, technology, and trade that will provide training to rural businesses in the utilization of interactive communications technologies to develop international trade opportunities and markets.

  • Conduct leadership development training of existing or prospective rural entrepreneurs and managers.

  • Pay reasonable fees and charges for professional services necessary to conduct the technical assistance, training, or planning functions.

Ineligible Grant Purposes

Grant funds may not be used to:

  • Duplicate current services or replace or substitute support previously provided.

  • Pay costs of preparing the application package for funding under this program.

  • Fund political activities.

  • Pay for assistance to any private business enterprise which does not have at least 51% ownership by those who are either citizens of the United States or reside in the United States after being legally admitted for permanent residence.

  • Pay any judgment or debt owed to the United States.

  • Pay costs of real estate acquisition or development or building construction.

Rural Business Opportunity Grant (RBOG) Program Links

     

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