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RCDG and RBOG Accepting Applications for Rural Development Grants

June 12, 2012

On Tuesday, June 12, 2012, Agriculture Secretary Tom Vilsack announced USDA’s Rural Cooperative Development Grants (RCDG) and Rural Business Opportunity Grant (RBOG) programs are accepting applications.  Both of these programs seek to spur growth and create jobs in rural communities.

Rural Cooperative Development Grants (RCDG)
USDA may award up to $5.8 million in this FY12 RCDG grant cycle.  Grants may be used to establish and operate centers for cooperative development to improve the economic condition of rural areas by developing new cooperatives and enhancing operations of existing cooperatives.  Non-profit corporations and higher education institutions can apply for RCDG to conduct feasibility studies, create and implement business plans, and develop new markets for products and services.

These one-year grants may be awarded up to $175,000.  Grants may cover up to 75 percent of the project, with the recipients required to match 25 percent of the award amount.

The deadline for RCDG applications is August 6, 2012. Access the Federal Register notice here, or contact the USDA Rural Development state office for more information.

Rural Business Opportunity Grant (RBOG)
USDA will offer nearly $2.37 million in RBOG grants to promote sustainable economic development in rural communities and regions with exceptional needs.  Rural public bodies, nonprofit corporations, Native American tribes, institutions of higher education, and cooperatives with primarily rural members may apply for RBOG funding.

RBOG funds can be used in rural areas for community economic development, technology-based economic development, feasibility studies and business plans, leadership and entrepreneur training, rural business incubators and long-term business strategic planning.

Grants may be made of up to $50,000, with no required match.

RBOG applications are due August 6, 2012 and can be accessed from the June 7, 2012 Federal Register or by contacting a USDA Rural Development state office.

A previous NSAC post highlights four RBOG recipients in 2011.

Read the USDA press release here.

Categories: Grants and Programs, Rural Development

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