Rbdg rural business coop native american enterprise grant

The Department of Agriculture Rural Housing Service awarded a $500,000 Project Grant to Northern Arizona Technology & Business Incubator, Inc. doing business as Northern Arizona Center, for the period of September 16, 2022 through September 16, 2024.

The grant funding will support the Rural Business Development Grant program's goal of promoting sustainable economic development and facilitating the growth of small businesses in rural communities. Specifically, the awardee will use the funds to provide services that support the development of small and emerging private businesses and related employment opportunities in Arizona, with the aim of strengthening the state's rural economy. Key services may include business incubation, training, counseling and technical assistance.

The award aligns with the objectives of the CFDA 10.351 Rural Business Development Grant program to foster entrepreneurship and new business formation in rural areas through the delivery of targeted assistance. The two-year project period and funding amount will allow the awardee to make a meaningful impact for rural small businesses and entrepreneurs in Arizona.