Agriculture Secretary Tom Vilsack announced today that USDA is seeking applications for grants to help rural businesses create jobs and spur economic development.
"This funding is part of the Obama administration's commitment to using existing federal resources to foster regional innovation, create sustainable jobs and help ensure long-term prosperity," Vilsack said. "The funding will speed up job creation and new business start-ups and expansions by building regional economic systems in rural areas.
USDA Rural Development plans to award up to $8.6 million through the Rural Community Development Initiative program. Applications are sought for projects that:
The deadline for submitting RCDI applications is May 9, 2012. Applications must be submitted to the USDA Rural Development state office where the applicant's headquarters are located. A list of these offices is available on the USDA Rural Development website. For more information, see the March 21 Federal Register.
The deadline to apply for RCDI funding for Rural Jobs and Innovation Accelerator projects is May 9, 2012. For more information on how to apply, please visit Grants.gov. Applications for Jobs Accelerator projects must be submitted to both USDA and the EDA.
Since taking office, President Obama's Administration has taken historic steps to improve the lives of rural Americans, put people back to work and build thriving economies in rural communities. From proposing the American Jobs Act to establishing the first-ever White House Rural Council – chaired by Agriculture Secretary Tom Vilsack – the President wants the federal government to be the best possible partner for rural businesses and entrepreneurs and for people who want to live, work and raise their families in rural communities.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $165 billion in affordable loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
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