Rural Microentrepreneur Assistance Program
The summary for the Rural Microentrepreneur Assistance Program grant is detailed below.
This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants.
Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact.
If any section is incomplete, please visit the website for the Rural Business Cooperative Service, which is the U.S. government agency offering this grant.
Rural Microentrepreneur Assistance Program: What does this program do?It provides loans and grants to Microenterprise Development Organizations (MDOs) to:To help microenterprises startup and growth through a Rural Microloan Revolving Fund.Provide training and technical assistance to microloan borrowers and micro entrepreneurs. Who may apply for this program?The following are eligible to be a Microenterprise Development Organization:Nonprofits.Federally-recognized tribes.Institutions of higher education.The following are eligible to apply for a loan from the MDO as an ultimate recipient:Businesses located in an eligible area with 10 or fewer full-time employees.What is an eligible area?Rural areas outside a city or town with a population of fewer than 50,000 residents. Urbanized areas near a city of 50,000 or more may not be eligible.The borrower's headquarters may be based within a larger city so long as the project service area is located in an eligible rural area.The lender may be located anywhere.
| Federal Grant Title: | Rural Microentrepreneur Assistance Program |
| Federal Agency Name: | Rural Business Cooperative Service (USDA-RBCS) |
| Grant Categories: | Other (see text field entitled "Explanation of Other Category of Funding Activity" for clarification) |
| Type of Opportunity: | Discretionary |
| Funding Opportunity Number: | RD-RBCS-23-RMAP |
| Type of Funding: | Grant |
| CFDA Numbers: | 10.870 |
| CFDA Descriptions: | Information not provided |
| Current Application Deadline: | June 30th, 2023 |
| Original Application Deadline: | June 30th, 2023 |
| Posted Date: | August 31st, 2022 |
| Creation Date: | August 31st, 2022 |
| Archive Date: | July 30th, 2023 |
| Total Program Funding: | |
| Maximum Federal Grant Award: | $500,000 |
| Minimum Federal Grant Award: | |
| Expected Number of Awards: | 20 |
| Cost Sharing or Matching: | Yes |
| Last Updated: | August 31st, 2022 |
- Category Explanation
- The program provides loans and grants to Microenterprise Development Organizations (MDOs) to: To help microenterprises startup and growth through a Rural Microloan Revolving Fund. Provide training and technical assistance to microloan borrowers and micro entrepreneurs.
- Applicants Eligible for this Grant
- Public and State controlled institutions of higher education - Native American tribal governments (Federally recognized) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education
- Additional Information on Eligibility
- The following are eligible to be a Microenterprise Development Organization:Nonprofits.Federally-recognized tribes.Institutions of higher education.The following are eligible to apply for a loan from the MDO as an ultimate recipient:Businesses located in an eligible area with 10 or fewer full-time employees.
- Link to Full Grant Announcement
- Program Information
- Grant Announcement Contact
- Shamika Johnson
Program Manager
Program Manager - Similar Government Grants
- • Rural Microentrepreneur Assistance Program (RMAP)
- More Grants from the Rural Business Cooperative Service
- • Rural Cooperative Development Grant
- • Socially Disadvantaged Groups Grant
- • Rural Energy for America (REAP) Technical Assistance Grant (TAG) Program
- • Rural Innovation Stronger Economies (RISE)
- • Value-Added Producer Grant