Rural economic development grant - electric farm bill
Ended Project Grant Awarded
- Award ID
- CLSS00000072810
- Recipient
-
Macon Electric Cooperative UEI YRW6RFHHDKQ9
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $600,000
Award facts
- Assistance listing
- 10.854 Rural Economic Development Loans and Grants
- Completion date
- Funding
-
- $300,000.00 Federal
- $300,000.00 Non-federal
- Place of performance
- Missouri, USA
Award details come from USAspending.gov.
About this award
The Macon Electric Cooperative was awarded a $600,000 Project Grant from the United States Department of Agriculture Rural Housing Service under the Rural Economic Development Loans and Grants program (CFDA 10.854). The two-year grant will support rural economic development and job creation projects in Missouri through May 2024. Specifically, funding will be used to conduct feasibility studies, cover start-up costs, and provide other reasonable expenses to foster rural development through incubator projects and similar initiatives. The Rural Economic Development Loans and Grants program aims to promote rural economic growth by financing projects that support small and emerging businesses in rural areas.
Quick answers
Who received award CLSS00000072810?
CLSS00000072810 was awarded to Macon Electric Cooperative by Rural Business Cooperative Services (Washington Office) on May 24, 2022.
How much is award CLSS00000072810 worth?
$600,000 has been obligated on CLSS00000072810: $300,000 in federal funding and $300,000 in non-federal funding.
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