Rural economic development grant - electric farm bill
Active Project Grant Awarded
- Award ID
- CLSS00000091291
- Recipient
-
Whetstone Valley Electric Cooperative, Inc. UEI C8K6NL3GBKB7
- Awarding agency
-
Rural Business Cooperative Services
Washington Office, Department of Agriculture
- Obligated
- $150,000
Award facts
- Assistance listing
- 10.854 Rural Economic Development Loans and Grants
- Completion date 82% complete
- Place of performance
- South Dakota, USA
Award details come from USAspending.gov.
About this award
This federal Project Grant award of $150,000.00 was provided by the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Economic Development Loans and Grants (CFDA 10.854) program. The grant was awarded on March 13, 2025 to the Whetstone Valley Electric Cooperative, Inc. in South Dakota, with a planned completion date of March 13, 2027.
The grant funding will be used by the Whetstone Valley Electric Cooperative to support economic development and job creation initiatives in rural areas. Eligible activities under this program include feasibility studies, business start-up costs, business incubator projects, and other reasonable expenses to foster rural development. The funding is intended to enable the utility company to pass through funding to local businesses for projects that generate employment and stimulate economic growth in the local community.
Quick answers
Who received award CLSS00000091291?
CLSS00000091291 was awarded to Whetstone Valley Electric Cooperative, Inc. by Rural Business Cooperative Services (Washington Office) on March 13, 2025.
How much is award CLSS00000091291 worth?
$150,000 has been obligated on CLSS00000091291.
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