Program Name: Rural Cooperative Development Grants
Organization: United States Department of Agriculture – Rural Development
Address: 2118 W. Part Court, Suite A, Champaign, IL 61821
Phone: 217-403-6200
Briefly Describe the Purpose of the Program
The Rural Cooperative Development Grant program improves the economic condition of rural areas by helping individuals and businesses start, expand or improve rural cooperatives and other mutually-owned businesses through Cooperative Development Centers. Grants are awarded through a national competition.
Year Program Established:
Eligibility Requirements or Restrictions
Open to: Nonprofits and institutions of higher education. Centers can be in any area, but must serve areas with populations of 50,000 or fewer. Terms and Conditions: Maximum grant is $200,000 with a 25 percent matching requirement of total project costs.
Application Deadline: Annually: FY 2024 – June 3, 2024
Application Guidelines:
Funding Cap Per Application or Fiscal Year Program Funding: Max grant amount $200,000
How Must Funds Be Used:
Grant and matching funds can be used for developing and operating a Rural Cooperative Development Center. Examples of technical assistance and other services the Centers provide are:

Conducting feasibility studies.

Developing business plans.

Providing leadership and operational improvement training.

Facilitating strategic planning.

A Center can be located in any area, but the individuals and business assisted must be located in an eligible rural area.