Rural Business Development Grants

Rural Business Development Grants (RBDGs) support targeted technical assistance, training, and other activities that promote the development and expansion of small and emerging private businesses in rural areas. Eligible businesses must have fewer than 50 employees and less than $1 million in gross annual revenues.

RBDG funding is separated into either enterprise- or opportunity-type grant activities:

• Enterprise-Type
  • training and technical assistance
  • buying or developing land, easements, or rights of way (including access streets and parking areas)
  • constructing or renovating buildings
  • buying machinery and equipment
  • capitalizing revolving loan funds
  • supporting rural business incubators and community economic development
• Opportunity-Type
  • business support centers
  • technology-based economic development
  • leadership and entrepreneur training
  • feasibility studies, business plans, and long-term strategic planning