Rural Innovation Stronger Economy Grant Program

The summary for the Rural Innovation Stronger Economy Grant 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 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 Utilities Service, which is the U.S. government agency offering this grant.
Rural Innovation Stronger Economy Grant Program: The primary objective of the RISE program is to support jobs accelerator partnerships to improve the ability of distressed rural and energy communities to create high wage jobs, accelerate the formation of new businesses, and help rural communities identify and maximize local assets. Grants are awarded on a competitive basis. The minimum award per grant is $500,000 and the maximum award amount per grant is $2,000,000. Grant funds may be used to pay for up to 80 percent of eligible project costs. Grant funds may be used to pay for costs directly related to the purchase or construction of an innovation center located in a rural area; costs directly related to operations of an innovation center including purchase of equipment, office supplies, and administrative costs including salaries directly related to the project; costs directly associated with support programs to be carried out at or in direct partnership with job accelerators; reasonable and customary travel expenses directly related to job accelerators and at rates in compliance with 2 CFR 200.474; utilities, operating expenses of the innovation center and job accelerator programs and associated programs; and administrative costs of the grantee not exceeding 10% of the grant amount for the duration of the project.
Federal Grant Title: Rural Innovation Stronger Economy Grant Program
Federal Agency Name: Rural Utilities Service (USDA-RUS)
Grant Categories: Agriculture Business and Commerce Community Development Education Employment Labor and Training Energy Environment Food and Nutrition Health Natural Resources Opportunity Zone Benefits Regional Development Science and Technology Transportation
Type of Opportunity: Discretionary
Funding Opportunity Number: RD-RBS-21-01-RISE
Type of Funding: Grant
CFDA Numbers: 10.755
CFDA Descriptions: Information not provided
Current Application Deadline: August 2nd, 2021
Original Application Deadline: August 2nd, 2021
Posted Date: June 17th, 2021
Creation Date: June 17th, 2021
Archive Date: October 1st, 2021
Total Program Funding: $10,000,000
Maximum Federal Grant Award: $10,000,000
Minimum Federal Grant Award: $0
Expected Number of Awards: 7
Cost Sharing or Matching: Yes
Last Updated: August 2nd, 2021
Applicants Eligible for this Grant
County governments - City or township governments - Special district governments - Independent school districts - Public and State controlled institutions of higher education - Native American tribal governments (Federally recognized) - Public housing authorities/Indian housing authorities - Native American tribal organizations (other than Federally recognized tribal governments) - Nonprofits having a 501 (c) (3) status with the IRS, other than institutions of higher education - Nonprofits that do not have a 501 (c) (3) status with the IRS, other than institutions of higher education - Private institutions of higher education - For-profit organizations other than small businesses - Small businesses
Link to Full Grant Announcement
Program Website
Grant Announcement Contact
Rural Business-Cooperative Service
Phone 202-720-1400
Work email
Similar Government Grants
Rural Innovation Stronger Economies (RISE)
More Grants from the Rural Utilities Service
The Rural eConnectivity Program
Solid Waste Management Grant Program
Calendar Year 2022 Disaster Circuit Rider Technical Assistance Grants Program
Technical Assistance and Training Grant Program
Assistance to High Energy Cost Communities is not endorsed by, or affiliated with, any government agency. Copyright ©2007-2024