USDA Rural Innovation Stronger Economy (RISE)

Posted: January 24, 2023

Deadline: April 20, 2023

Grantor: US Department of Agriculture

Additional Information

The Rural Innovation Stronger Economy (RISE) Grant Program offers grant assistance to create and augment high-wage jobs, accelerate the formation of new businesses, support industry clusters and maximize the use of local productive assets in eligible low-income rural areas.

For fiscal year 2023, the RISE program is making $2 million available to consortiums of local governments, investors, industry, institutions of higher education, and other public and private entities in rural areas. The funding may be used to support innovation centers and job accelerator programs that improve the ability of distressed rural communities to create high-wage jobs, form new businesses, and identify and maximize local assets.

RISE grant funds can be used to:

  • Build or support a business incubator facility
  • Provide worker training to assist in the creation of new jobs
  • Train the existing workforce with skills for higher-paying jobs
  • Develop a base of skilled workers and improve their opportunities to obtain high-wage jobs in new or existing local industries

See application template here: DOC

How to Apply

Applications are submitted through https://www.grants.gov.

Contact

Email: SM.USDA-RD.RISE@usda.gov

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