Project Grant CLSS00000073935

Award Date 7/25/22
Completion Date 7/25/24
Dollars Obligated $150K
Federal Grant Program
10.351
Assistance Type
Project Grant
Place of Performance
Florida, USA
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The University of Florida received a $150,000 Project Grant award from the US Department of Agriculture Rural Housing Service on July 25, 2022 to support rural business development efforts through July 25, 2024. The funding is provided through the Rural Business Development Grant program (CFDA #10.351), which aims to promote sustainable economic growth in rural communities by facilitating the development of small businesses and industries.

Under the award, the University of Florida's Division of Sponsored Research will deliver services to support rural enterprise and economic development. Specifically, the division will utilize the two-year grant period to coordinate rural business cooperation initiatives and provide resources to emerging private companies and industries located in Florida, in line with the program's goal of improving rural economies. The award amount of $150,000 and July 25, 2022 start date provide the division with resources to carry out its work of fostering small business expansion and job growth in rural areas over the noted timeframe.

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