Redl - electric grant

Active Project Grant Awarded

Award ID
CLSS00000088747
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
10.854 Rural Economic Development Loans and Grants
Completion date 94% complete
Place of performance
North Carolina, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $300,000 Project Grant under the Rural Economic Development Loans and Grants (REDLG) program (CFDA 10.854) to Tri-County Electric Membership Corp, a non-profit electric utility organization serving rural communities in North Carolina. The grant funding will support Tri-County Electric's strategic economic development initiatives, which may include feasibility studies, business start-up costs, business incubator projects, and other reasonable expenses designed to foster entrepreneurship and job creation in underserved rural regions. As an intermediary, Tri-County Electric Membership Corp will channel the grant funds to local businesses and projects that directly benefit the rural areas within its service region.

Quick answers

Who received award CLSS00000088747?

CLSS00000088747 was awarded to Tri-County Electric Membership Corp by Rural Business Cooperative Services (Washington Office) on December 5, 2024.

How much is award CLSS00000088747 worth?

$300,000 has been obligated on CLSS00000088747.

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