Opportunity Title:
Rural Innovation Stronger Economy (RISE)
Funder/Agency:
USDA
Rural Business-Cooperative Service (RBCS)
Description:
The Rural Innovation Stronger Economy (RISE) Grant Program offers grant assistance to create and augment high-wage jobs, accelerate the formation of new businesses, support industry clusters and maximize the use of local productive assets in eligible low-income rural areas.
The Agency encourages applicants to consider projects that will advance the following key priorities:
• Assisting rural communities to recover economically through more and better market opportunities and through improved infrastructure;
• Ensuring all rural residents have equitable access to RD programs and benefits from RD funded projects; and
• Reducing climate pollution and increasing resilience to the impacts of climate change through economic support to rural communities.
There are two categories of grants:
Grants for the purpose of constructing, purchasing, or equipping a building to serve as an innovation center in order to establish accelerators.
Grants for the purpose of establishing and supporting job accelerators and related programs
Eligibility:
Non-profit entities
State entities
Tribal entities
Institutions of higher education
Public bodies
Award Details:
Total Amount Available:
$2,000,000
Maximum Award:
$2,000,000
Minimum Award:
$500,000
Deadline:
Concept Proposals Due February 01, 2024
Applications Due April 01, 2024
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