The RISE Grant Program meets a recognized need for federal support of jobs accelerator partnerships for the promotion of private investment in regional economies. The flexible use of funds by RISE grant recipients allows a region to leverage their community assets by assisting new and existing industry, establish and operate innovation centers for job development and training, including through the use of new or improved broadband service by jobs accelerators. The RISE program will improve the ability of rural communities to create high-wage jobs, accelerate the formation of rural businesses, and strengthen regional economies.

NOTE about elgibility: Eligible Applicants. An eligible applicant must be a rural jobsaccelerator partnership formed after December 20, 2018, and meet the eligibility criteria found in 7 CFR 4284.1112.