Rolnictwo i żywność · 1.07.2011
Inviting Applications for Rural Business Opportunity Grants
Pursuant to 7 CFR part 4284, subpart G, the Rural Business- Cooperative Service (RBS), an Agency within the Rural Development mission area, announces the availability of grants of up to $50,000 per application for single-state projects from the Rural Business Opportunity Grant (RBOG) program for Fiscal Year (FY) 2011, to be competitively awarded. For multi-state projects, grant funds of up to $150,000 will be available on a competitive basis. These limits do not apply to specific funding for certain specifically designated rural areas as discussed below. For FY 2011, approximately $2.5 million is available and will be distributed as follows: $990,000 is reserved for projects benefitting Federally Recognized Native American Tribes (FRNAT) in rural areas and $1,488,000 is unreserved. Applicants should note that in FY 2010 the RBOG program was highly competitive. Approximately $2.5 million was available in reserved and unreserved funds. The Agency received 430 applications and was able to fund 27 applications, a rate of 6 percent.