The
United States Department of Agriculture (USDA) recently opened applications for its
Rural Cooperative Development Grant. USDA opportunities such as this can often be incredibly impactful – if not transformative – for rural communities. Let’s take a closer look at the details for this program by answering some key questions.
What is the Rural Cooperative Development Grant?
The Rural Cooperative Development Grant (RCDG) is intended to improve the economic condition of rural areas by assisting in the startup, expansion, or operational improvement of rural cooperatives and other business entities. Cooperatives are essential to the U.S. economy and are particularly critical to the health of rural communities. Cooperatives not only help farmers and ranchers market their products, but they can also supply rural residents with important services such as electricity, telecommunications, financial services, housing, food, and building materials.
