USDA (United States Department of Agriculture) Rural Development has asked for concept papers for economic development projects in Oregon.
The concept papers are for General RBEG (Rural Business Enterprise Grant) Funding and Native American RBEG Set-aside. The General projects are due by April 1 and the Native America by Mar. 22.
Due to the current budget situation, funding for this year’s competition is not guaranteed. However, with the possibility that there will be some amount of funding available, Oregon is proceeding with the call for concept papers.
Through the RBEG program, USDA Rural Development provides grant funds for PRECISELY TARGETED technical assistance, training, feasibility studies, and other activities that support the development of SPECIFICALLY-IDENTIFIABLE, privately owned, small business enterprises in rural areas. Eligible applicants are nonprofits, public bodies, and federally recognized Native American tribes.
Oregon's RBEG program provides small grants (typically $20,000 to $30,000) to nonprofit economic development groups, public bodies and tribes for precisely targeted technical assistance, training and other activities to support the development of small, private business enterprises in rural areas. RBEG funds are allocated through two funding pools: a general pool and a Native American pool. More information about the grant program is available here.
About the author: Fred Chamberlin is a senior loan officer with Guild Mortgage Company in Oak Harbor. He has been in the mortgage origination business for over 20 years and in the lending business for over 30 and authors a number of mortgage related blogs.
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