USDA Rural Innovation Stronger Economy (RISE) Program

The USDA is accepting applications for the FY23 Rural Innovation Stronger Economy (RISE) program. This grant program is to help struggling communities by funding job accelerators in low-income rural areas. The full Notice of Funding Opportunity is attached below, but some details about this grant are:

  • Two categories of grants:
    • Grants for the purpose of constructing, purchasing, or equipping a building to serve as an innovation center in order to establish accelerators
    • Grants for the purpose of establishing and supporting job accelerators and related programs
  • Minimum award is $500,000 and maximum award is $2 million
  • Applicants can submit a concept proposal for review by the Agency to www.grants.gov by 4:30 p.m. local time on February 21, 2023 

Completed applications must be submitted electronically by no later than 11:59 p.m. Eastern Time April 20, 2023.

Learn more: https://www.rd.usda.gov/programs-services/business-programs/rural-innovation-stronger-economy-rise-grants#overview

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