US Department of Agriculture

Rural Microentrepreneur Assistance Program

This grant is designed to provide communities with access to funds in order to support small scale start ups and entrepreneurs. Funds are intended to be used to develop a revolving loan fund within the community. All loans must be issued by a local Microenterprise Development Organization (MDO).

The program provides loans and grants to Microenterprise Development Organizations (MDOs) to:

 

Maximum Award Amount

$205,000 (Grants) $500,000 (Loans)

Cost Matching

15%

Eligible Applicants

Businesses, located in an eligible area and with 10 or fewer employees, are eligible to apply for loans through their local MDO.

Find Out More and Apply