SEC. 6022 rmap-rural micro develop organizations grants (disc)

This $125,380 Project Grant awarded to the Central Vermont Economic Development Corporation (CVEDC) on January 23, 2024 is funded under the U.S. Department of Agriculture's Rural Microentrepreneur Assistance Program (RMAP), CFDA #10.870. The grant supports CVEDC's efforts to provide training, technical assistance, and access to financial services for the establishment and growth of rural microenterprises in Central Vermont over a two-year period. As a woman-owned, non-profit community development organization, CVEDC focuses on fostering economic growth and supporting microenterprises through its Cvedc division. This award continues CVEDC's history of RMAP funding, having received over $207,000 in previous grants since 2019 to assist rural microentrepreneurs in launching new businesses and ensuring the success of existing rural microenterprises. Additionally, CVEDC has participated as a sub-grantee in a program led by Vermont State University, leveraging regional and statewide networks to support small businesses.