Rbdg rural business coop rural enterprise grant

Ended Project Grant Awarded

Award ID
CLSS00000080434
Recipient
Awarding agency
Obligated
$237,400

Award facts

Assistance listing
10.351 Rural Business Development Grant
Completion date
Place of performance
Puerto Rico

Award details come from USAspending.gov.

About this award

The U.S. Department of Agriculture's (USDA) Rural Housing Service, Rural Business Cooperative Services issued a $237,400 Rural Business Development Grant (CFDA 10.351) to Monte Azul Inc., a non-profit organization located in Puerto Rico. The two-year grant, awarded on September 20, 2023, will fund initiatives to promote sustainable economic development and facilitate the growth of small and emerging private businesses in rural communities. Typical funded activities may include technical assistance, business counseling, market research, workforce development, and revolving loan funds to support a wide range of projects such as feasibility studies, entrepreneurship training, business incubators, and industry cluster initiatives, with a focus on underserved demographics.

Quick answers

Who received award CLSS00000080434?

CLSS00000080434 was awarded to Monte Azul Inc. by Rural Business Cooperative Services (Washington Office) on September 20, 2023.

How much is award CLSS00000080434 worth?

$237,400 has been obligated on CLSS00000080434.

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