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Find the perfect Peoria grants for nonprofits on Instrumentl. 9,000+ Peoria grants for nonprofits in the United States.
9,000+
Available grants
$2.71B
Total funding
$5K
Median grant
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What does this program do?
It provides loans and grants to Microenterprise Development Organizations (MDOs) to:
What kind of funding is available?
Grants are available to provide technical assistance to rural micro-entrepreneurs or microenterprises, up to $205,000 annually. Funding at the requested level is not guaranteed, and at least 15 percent matching funds are required.
Loans of $50,000 to $500,000 may be used for establishing a Rural Microloan Revolving Fund managed by the Microenterprise Development Organization. Total aggregate debt is capped at $2.5 million.
Microenterprise Development Organizations must demonstrate experience in managing a Revolving Loan Fund, or:
What are the loan terms?
What terms are required on loans to ultimate recipients?
How may the funds be used?
Microlenders may make microloans for qualified business activities and expenses including, but not limited to:
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How common are grants in this category?
Common — grants in this category appear regularly across funding sources.
Over the past year, when are grant deadlines typically due for Peoria grants for Nonprofits?
Most grants are due in the third quarter.
What's the typical grant amount funded for Peoria Grants for Nonprofits?
Grants are most commonly $10,000.