Rural Business Development Grants
Description
This program supports projects that benefit small and emerging businesses in rural areas. Funds can be used to support community economic development, business incubators, business planning, transportation improvements, property acquisition, and technical assistance and training for businesses.
Eligibility
Local governments, state agencies, federally recognized tribes, nonprofits, institutions of higher education, rural cooperatives
This grant program has geographic restrictions. Eligible areas
Role In Creative Placemaking
These funds could be useful for developing and growing creative economy businesses, seeding commercial district development, assisting small creative entrepreneurs, and making physical improvements to make small town commercial districts into destinations.
Match
Not required
Previous
Camp Blount Historic Site Association – Fayetteville, TN
Southwest New Mexico Arts, Culture & Tourism – Silver City, NM
Role in Creative Placemaking
This section represents our attempt to capture how this specific funding opportunity might fit into a placemaking initiative.
Eligibility
Who can apply? Eligibility is often limited, but in partnership with other entities you may identify an access point, such as subgrant opportunities. This information can help you determine which potential partners in your community might be able to access the funds.
Previous Projects/Grantees
These examples show how these funds have been used for creative or placemaking endeavors in the past, the types of organizations that have successfully accessed the funds and/or the types of activities for which the funds can be used.
Max Award
Maximum funding amounts can vary from year to year. We have provided the most recent information available. Where available, we also include a median or a range in cases in which the maximum is not typical of an average award.
Match Requirement
Most federal programs require some form of cost sharing. This is expressed differently for different agencies and programs. Sometimes a direct 1:1 match is specified. Other times, the application will state the maximum percentage of a project cost that the funding award can cover. We include this information, where available, in order to give you a sense of what to expect when applying for a particular funding program.
Compliance
Most federal funding programs will require financial and progress reports at least annually, along with a final report. We consider this to be a "moderate" compliance burden. Where a higher degree of data collection and reporting is indicated, we convey that information with a "substantial" rating.