Nonprofit organizations, colleges and universities have until Sept. 15, 2006, to apply for $4.5 million in grants from the Rural Business-Cooperative Service of the Department of Agriculture. Grantees will receive awards of up to $225,000 each.
The grants must be used to establish rural centers for cooperative development that will create new cooperatives and improve the operations of existing cooperatives. The centers will conduct research and provide training, loans, grants and technical assistance to cooperatives.
For more information, visit www.rurdev.usda.gov/rbs or call (202) 720-4323 and press option 1.
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FedCommunities.org is a portal to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.