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Applications open for Rural Cooperative Development Grants
Kirill Abbakumov   on Thursday, April 20, 2017 at 12:00:00 am

On March 22, 2017, the U.S. Department of Agriculture (USDA) published an announcement that the Rural Business-Cooperative Service agency is accepting fiscal year 2017 applications for the Rural Cooperative Development Grant (RCDG) program.

The primary objective of the RCDG program is to improve the economic condition of rural areas through cooperative development. Grants are awarded on a competitive basis. The maximum award amount per grant is $200,000. Grants are available for non-profit corporations or higher education institutions only. Grant funds may be used to pay for up to 75% of the cost of establishing and operating centers for rural cooperative development. Grant funds may be used to pay for 95% of the cost of establishing and operating centers for rural cooperative development, when the applicant is a Tribal Land Grant Institutions. Centers may have the expertise on staff or they can contract out for the expertise, to assist individuals or entities in the start-up, expansion or operational improvement of rural businesses, especially cooperative or mutually-owned businesses.

Electronic applications must be received by May 26, 2017, to be eligible for grant funding. Please review the Grants.gov Web site at http://grants.gov/​applicants/​organization_​registration.jsp for instructions on the registration process.