Rbdg rural business coop rural enterprise grant

The Rural Business Development Grant (RBDG) program, administered by the U.S. Department of Agriculture's Rural Housing Service, awarded a $215,027 Project Grant to Main Street Homer on September 26, 2023. The grant funding will be used to promote sustainable economic development and facilitate the growth of small and emerging private businesses in rural communities in Louisiana over a 2-year project period ending September 26, 2025. Typical funded activities under the RBDG program include technical assistance, business counseling, market research, workforce development, and revolving loan funds to support a wide range of entrepreneurship and rural business development initiatives. The grant award indicates Main Street Homer will serve as both the primary grantee and a sub-awardee, leveraging the funding to deliver relevant products and services to the targeted rural area.