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South Eastern Council of Governments
Rural Business Enterprise Grant
(RBEG Grant)

Rural Business Enterprise Grants include grants made to third party lenders to establish revolving loan programs or provide technical assistance. At the state and local levels, the programs are administered by the Rural Development field offices.

Eligible Activities
Funds may be used to finance and develop small and emerging private business enterprises. Costs that may be paid from grant funds include the acquisition and development of land, and the construction of buildings, plants, equipment, access streets and roads, parking areas, utility and service extensions, refinancing, fees, technical assistance, start-up operating cost, working capital, and providing financial assistance to third parties through a loan.

Eligible Applicants
Eligibility is limited to public bodies and private nonprofit corporations. Public bodies include incorporated towns and villages, boroughs, townships, counties, states, authorities, districts, and Indian tribes on Federal and State reservations and other federally recognized Indian tribal groups in rural areas.

Applications
Detailed information and applications for financial assistance are available through local Rural Development offices.