Rural Business Development Grants in Alaska

USDA: Rural Development (RD)

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Deadline: Rolling

Grant amount: US $10,000 - US $500,000

Fields of work: Rural Development

Applicant type: Indigenous Group, Government Entity, Nonprofit

Funding uses: Capital Project, Project / Program

Location of project: Alaska

Location of residency: Alaska

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Overview:

What does this program do?

This program is a competitive grant designed to support targeted technical assistance, training and other activities leading to the development or expansion of small and emerging private businesses in rural areas which will employ 50 or fewer new employees and has less than $1 million in gross revenue. Programmatic activities are separated into enterprise or opportunity type grant activities.

How much funding is available?

There is no maximum grant amount; however, smaller requests are given higher priority. Generally, grants range from $10,000 to $500,000. There is no cost sharing requirement. Opportunity grants are limited to up to 10 percent of the total RBDG annual funding.

How may funds be used?

Enterprise grants must be used on projects to benefit small and emerging businesses in rural areas as specified in the grant application. Uses may include:

  • Training and technical assistance, such as project planning, business counseling/training, market research, feasibility studies, professional/technical reports, or product/service improvements
  • Acquisition or development of land, easements, or rights of way; construction, conversion, renovation of buildings; plants, machinery, equipment, access for streets and roads; parking areas and utilities
  • Pollution control and abatement
  • Capitalization of revolving loan funds, including funds that will make loans for start-ups and working capital
  • Distance adult learning for job training and advancement
  • Rural transportation improvement
  • Community economic development
  • Technology-based economic development
  • Feasibility studies and business plans
  • Leadership and entrepreneur training
  • Rural business incubators
  • Long-term business strategic planning

Opportunity grants can be used for:

  • Community economic development
  • Technology-based economic development
  • Feasibility studies and business plans
  • Leadership and entrepreneur training
  • Rural business incubators
  • Long-term business strategic planning

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Who may apply? Rural public entities including, but not limited to:
    • Towns
    • Communities
    • State agencies
    • Authorities
    • Nonprofit corporations
    • Institutions of higher education
    • Federally-recognized Tribes
    • Rural cooperatives (If organized as a private nonprofit corporation)
  • RBDG funds must be used for projects benefitting rural areas or towns outside the urbanized periphery of any city with a population of 50,000 or more. Check eligible areas.

Preferences:

  • All applications are evaluated based on:
    • Evidence showing job creation at local businesses;
    • Percent of non-federal funding committed to the project;
    • Economic need in the area to be served;
    • Consistency with local economic development priorities;
    • Experience of the grantee with similar efforts; and
    • Other factors described in the current Notice of Solicitation of Applications (NOSA), if one is published.

This page was last reviewed September 01, 2020 and last updated May 07, 2019