Rural Business Development Grants

Rural Business Development Grants

Program Status:

OPEN:Program Period:

Open Date: December 4, 2023. Applications are accepted year-round. Close Date: February 28, 2024, 4:30 p.m. local time. Applications must be received by February 28, 2024, 4:30 p.m. local time.

What does this program do?

The purpose of the program is to promote economic development and job creation projects through the awarding of grant funds to eligible entities. Applications will compete in two separate categories, business opportunity grants and business enterprise grants, for use in funding various business and
community projects that serve rural areas. 

Who may apply for this program?

Grants may be made to a Public Body/Government Entity, an Indian Tribe, or a Nonprofit entity primarily serving rural areas.

What is an eligible area?

Rural Business Development Grant money must be used for projects that benefit rural areas or towns outside the urbanized periphery of any city with a population of 50,000 or more. Check eligible areas.

What kind of funding is available?

There is no maximum grant amount; however, smaller requests are given higher priority. There is no cost sharing requirement. There are two types of RBDG projects, Opportunity grants and Enterprise grants. Opportunity type grants are limited to up to 10 percent of the total Rural Business Development Grant annual funding. Enterprise type grants must be used on projects to benefit small and emerging businesses in rural areas as specified in the grant application.

Continue to the USDA website for remaining information about the Rural Development Grant in your state.