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
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    Other
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    • esse id do laboris non proident ea officia nisi
    • cillum cupidatat culpa qui mollit ipsum duis sit id ipsum deserunt dolore aute cupidatat pariatur
    • eu nostrud magna ullamco irure laborum proident ea mollit amet sit laborum minim dolore magna velit aliquip et ad enim
    • quis amet dolor mollit consectetur mollit exercitation
    • in cupidatat laborum ut magna cupidatat commodo
    • reprehenderit dolore dolor nostrud elit sunt dolor proident
    • culpa duis proident velit fugiat dolore
    • qui exercitation deserunt aliqua
    • in velit sint cupidatat elit consequat cillum incididunt culpa
    • anim nostrud labore irure laborum eu amet dolore occaecat veniam ad ipsum eu cupidatat et excepteur esse
    up to 500k

    Submission

    Visit Apply for more information.