Rbdg rural business coop rural enterprise grant

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $154,800 Rural Business Development Grant (CFDA 10.351) to Regional Accelerator & Innovation Network (doing business as Rain Catalysts), a non-profit organization located in West Linn, Oregon. This 2-year project grant, awarded on July 24, 2024, will support Rain Catalysts in delivering technical assistance, business training, and entrepreneurial ecosystem development services to small and emerging businesses, particularly in underserved rural communities in the Pacific Northwest. The grant funding will enable Rain Catalysts to provide a range of services including business counseling, market research, feasibility studies, and access to capital through initiatives like revolving loan funds and business incubators. The project aims to promote sustainable economic development and facilitate the growth of small businesses and related employment opportunities in rural areas.