
29/12/2022
Rural Business Development Grants in Vermont
The Rural Business Development Grant Program (RBDG) is seeking applications by 2/28/22. This program is designed to provide technical assistance and training for small rural businesses (small means that the business has fewer than 50 new workers and less than $1 million in gross revenue). Priorities for this year’s grant cycle: addressing climate change and environmental justice; advancing racial justice, place-based-equity and opportunity; and creating more and better market opportunities.
Applications may request up to $30,000.
There are two types of RBDG projects, Enterprise grants and Opportunity grants. A few examples of Enterprise grant uses include training and technical assistance, the acquisition and development of land, the capitalization of revolving loan funds, and feasibility studies. A few examples of Opportunity grant uses include community economic development, entrepreneur training, and long-term business strategic planning.
This program is designed to provide technical assistance and training for small rural businesses.