Rural Microentrepreneur Assistance Program - Vermont

    From USDA: Rural Development (RD)

    We are committed to helping improve the economy and quality of life in rural America.

    Type of Support

    Overview

    This grant program aims to support microenterprise development by offering both loans and grants to Microenterprise Development Organizations (MDOs). Its primary goals include aiding the startup and growth of microenterprises through the establishment of a Rural Microloan Revolving Fund, and providing training and technical assistance for microloan borrowers and micro-entrepreneurs. The program focuses on rural areas with populations under 50,000, ensuring that projects serving these communities are eligible, even if the MDO’s headquarters or the lender is based in a larger city. Financial support includes grants up to $205,000 for technical assistance, with a required 15 percent match of funds, and loans ranging from $50,000 to $500,000 to create a Rural Microloan Revolving Fund, with a total debt cap of $2.5 million for any participating organization.

    Eligibility

    Organization's Location
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    Program Location
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    Organization Type
    Exercitation
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    Other
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    • pariatur exercitation pariatur excepteur id mollit exercitation ipsum nisi occaecat ea aliqua nostrud ad do laboris excepteur ullamco elit et
    • nulla minim do ad ullamco duis est
    • ex laboris sit sint et pariatur amet
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    • veniam eiusmod laborum enim et aliquip
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    • ullamco ullamco in consequat aliquip duis eiusmod consectetur occaecat enim deserunt officia duis dolore irure aute cillum
    up to 500k

    Submission

    Visit Apply for more information.