September 15, 2011
On Wednesday, September 14, Agriculture Secretary Tom Vilsack announced grant awards to development organizations and producers in 40 states and Puerto Rico to promote rural job growth and business development. All together, 69 Rural Business Enterprise Grants (RBEGs) and Intermediary Relending Program loans, totaling a combined $14.7 million, will be granted through USDA to stimulate rural economic development efforts.
RBEGs provide grants for rural projects that finance and facilitate development of small and emerging rural businesses that boost local rural economies. The IRP provides loan capital to development organizations to use as revolving loans to finance small business and job growth in poor rural areas.
This round of funding includes numerous projects targeted to food systems:
Congratulations to one of NSAC’s members, Center for Rural Affairs, for receiving an RBEG award of $72,000 for marketplace activities, including outreach to eight Tribes in Nebraska and South Dakota.
Download NSAC’s Guide to Federal Funding for Local and Regional Food Systems to learn more about the applicability of the Rural Business Enterprise Grants to local and regional food systems.