# Rural Microentrepreneur Assistance Program

Source: https://welltoldgrants.com/grants/rd-rbcs-23-rmap-rural-microentrepreneur-assistance-program/  
Official notice: https://www.grants.gov/search-results-detail/343324

> Rural Business-Cooperative Service offered grants of up to $500,000 to nonprofits, colleges and universities and tribes. It expected to make about 20 awards. Applications closed on June 30, 2023.

| Field | Value |
|---|---|
| Opportunity number | RD-RBCS-23-RMAP |
| Agency | Rural Business-Cooperative Service |
| Status | Forecast |
| Deadline | June 30, 2023 |
| Award ceiling | $500,000 |
| Award floor | not stated |
| Expected awards | 20 |
| Total funding | not stated |
| Cost sharing | required |
| Assistance Listings | 10.870 |

## Who can apply

- Public and State controlled institutions of higher education
- Native American tribal governments (Federally recognized)
- Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education

The following are eligible to be a Microenterprise Development Organization:Nonprofits. Federally-recognized tribes. Institutions of higher education. The following are eligible to apply for a loan from the MDO as an ultimate recipient:Businesses located in an eligible area with 10 or fewer full-time employees.

## What the grant funds

What does this program do? It provides loans and grants to Microenterprise Development Organizations (MDOs) to: To help microenterprises startup and growth through a Rural Microloan Revolving Fund. Provide training and technical assistance to microloan borrowers and micro entrepreneurs. Who may apply for this program? The following are eligible to be a Microenterprise Development Organization: Nonprofits. Federally-recognized tribes. Institutions of higher education. The following are eligible to apply for a loan from the MDO as an ultimate recipient: Businesses located in an eligible area with 10 or fewer full-time employees. What is an eligible area? Rural areas outside a city or town with a population of fewer than 50,000 residents. Urbanized areas near a city of 50,000 or more may not be eligible. The borrower’s headquarters may be based within a larger city so long as the project service area is located in an eligible rural area. The lender may be located anywhere.

## Questions people ask

### Is RD-RBCS-23-RMAP still open?

No. It closed on June 30, 2023.

### Who can apply for Rural Microentrepreneur Assistance Program?

Rural Business-Cooperative Service accepted applications from nonprofits, colleges and universities and tribes. The notice adds further conditions, so read its eligibility section.

### What is the deadline for Rural Microentrepreneur Assistance Program?

Closed June 30, 2023. Applications are no longer accepted; the program's newer notices are on this page when there are any.

### How much funding is available?

Awards of up to $500,000 each.

### Who has won Rural Microentrepreneur Assistance Program grants before?

The largest recipients over five fiscal years were Kentucky Highlands Investment Corporation, Northern Maine Development Commission, Inc., Maryland Capital Enterprises, Inc. The program made 325 awards worth $16.2 million in that time.