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USDA Business Loans and Grants
The United States Department of Agriculture has many Grants Funding and Loans Resources available to promote business growth and opportunities, not only in agriculture, but also in many other aspects of rural America.There are several specialized Grants Funding and Loans programs that are tailored to promote business and economic growth. These include the:
Rural Business Enterprise Grants, which are used to make grants to non-profits or public bodies to assist small emerging businesses or incubators;
Rural Business Opportunity Grants, which are also available to non-profits or public bodies to assist in paying the costs of providing economic planning, technical assistance and training for rural communities or businesses;
Rural Economic Development Loans and Grants, to provide grant funds to electric or telephone utilities financed by the Rural Utilities Service in order to provide a revolving loan fund which can be used for community development projects, education, medical facilities and in developing incubators; and
Rural Cooperative Development Grants, which are made to non-profits and institutions of higher learning to assist in the development of new rural cooperatives and operational improvement of existing cooperatives. Rural Development also has a new special initiative, Armament Retooling and Manufacturing Support Program (ARMS), that offers commercial/industrial businesses the opportunity to establish centers at eligible Army production facilities.
USDA Business Loans and Grants
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