The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $200,000 Rural Business Development Grant (CFDA 10.351) to Richfield Township in Michigan on June 13, 2024. The two-year project grant will support sustainable economic development and the growth of small and emerging private businesses in the rural community. Typical funded activities under this program include technical assistance, business counseling, market research, workforce development, revolving loan funds, feasibility studies, and support for business incubators and industry cluster initiatives. Richfield Township has previously received other USDA grants, including $46,500 in 2023 and $24,000 in 2020 for community facilities projects, as well as a $33,560 grant in 2023 to support rural enterprise business development. This current award will enable Richfield Township to continue delivering community development projects and initiatives that facilitate economic growth and job creation for the rural area.
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