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Rural Innovation Stronger Economy (RISE) Grants
- Currently Closed
Open Date:
12/20/2021
Close Date:
5/19/2022
Upcoming Milestones:
Eligible Recipients:
- Educational Institution
- Local Government
- Native/Tribal Entity
- Non-profit
- Public Utility Entity
- State Government
Program Purpose:
Economic Development
Reserved for Energy
Communities?
No
Funded by:
U.S. Department of Agriculture
Overview
The Rural Innovation Stronger Economy (RISE) Grant Program offers grant assistance to create and augment high-wage jobs, accelerate the formation of new businesses, support industry clusters and maximize the use of local productive assets in eligible low-income rural areas.
Funding Details
Funding Source:
- Ongoing Appropriation
Funding Type:
Grant – match required
Total Amount Available:
$10,000,000
Limit per Applicant:
Grant amounts are awarded competitively with a minimum of $500,000 and a maximum grant amount of $2,000,000.
Estimated Awards:
10
Applicant Guidance
For more information, see: https://www.rd.usda.gov/sites/default/files/fact-sheet/20210528-rbcs-risefactsheet-final508.pdf.