# Rural Innovation Stronger Economies (RISE)

Source: https://welltoldgrants.com/grants/rd-rbs-23-01-rise-rural-innovation-stronger-economies-rise/  
Official notice: https://www.grants.gov/search-results-detail/345646

> Rural Business-Cooperative Service offered grants of up to $2.0 million (at least $500,000) to nonprofits, colleges and universities, state and local governments and tribes. It expected to make about 4 awards worth $2.0 million in total. Applications closed on April 20, 2023.

| Field | Value |
|---|---|
| Opportunity number | RD-RBS-23-01-RISE |
| Agency | Rural Business-Cooperative Service |
| Status | Forecast |
| Deadline | April 20, 2023 |
| Award ceiling | $2.0 million |
| Award floor | $500,000 |
| Expected awards | 4 |
| Total funding | $2.0 million |
| Cost sharing | required |
| Assistance Listings | 10.755 |

## Who can apply

- State governments
- 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
- Others (see text field entitled "Additional Information on Eligibility" for clarification)

Eligible Applicants. An eligible applicant must be a rural jobsaccelerator partnership formed after December 20, 2018, and meet the eligibility criteria found in 7 CFR 4284.1112 and this Notice to apply for this program.

## What the grant funds

The Rural Business-Cooperative Service (RBCS, Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), invites applications under the Rural Innovation Stronger Economy (RISE) program for fiscal year (FY) 2023, subject to the availability of funding. The Agency has $2,000,000 available for the RISE Program for FY 2023. Selected applicants will use Agency grant funds to provide financial assistance in support of innovation centers and job accelerator programs that improve the ability of distressed rural communities to create high wage jobs, accelerate the formation of new businesses, and help rural communities identify and maximize local assets.

## Questions people ask

### Is RD-RBS-23-01-RISE still open?

No. It closed on April 20, 2023.

### Who can apply for Rural Innovation Stronger Economies (RISE)?

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

### What is the deadline for Rural Innovation Stronger Economies (RISE)?

Closed April 20, 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 $2.0 million each. About $2.0 million in total across about 4 awards.

### Who has won Rural Innovation Stronger Economy grants before?

The largest recipients over five fiscal years were Central Wyoming College Foundation, Region 10 League for Economic Assistance and Planning, Inc., East-Central Idaho Planning & Development Association Inc. The program made 17 awards worth $14.0 million in that time.