Monday, January 08, 2007

USDA Rural Development Grant Workshop

RENO, Nev. — According to the Fallon Star Press, Larry Smith, state director for USDA Rural Development will provide a grant writing workshop for the Rural Business Enterprise Grant 2007 funding cycle. The workshop will be held Jan. 19, 9 a,n, am to noon at the Western Nevada Community College, 160 Campus Way, Room #302 Virgil Getto Hall, in Fallon.

Rural Business Enterprise grants are available to eligible public bodies, private nonprofit corporations, and federally recognized Indian Tribal Groups to finance and facilitate development of small and emerging private business enterprises, (a private business which will provide or save 50 or less jobs and has less than $1 million in projected gross revenues) located in rural areas. For Nevada, this includes most areas outside of Carson City, Reno and Las Vegas.

The public bodies, private nonprofit corporations and federally recognized Indian tribes receive the grant. The grant funds do not go directly to the small business.

RBEG funds may be used for technical assistance (providing assistance for marketing studies, feasibility studies, business plans, training, etc.) to small businesses, purchasing machinery and equipment for lease to a small and emerging business, creating a revolving loan fund (providing partial funding as a loan to a small and emerging business for the purchase of equipment, working capital, or real estate ), or to construct a building for a business incubator for small and emerging businesses.

For more information about the Rural Business Enterprise Grants visit USDA Rural Development's website at http://www.rurdev.usda.gov/rbs/busp/rbeg.htm. For more information about the workshop, please contact Laura Melara at (775) 887-1222 Ext. 24. Workshop participants are encouraged to bring a prospective project to the workshop.

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