Redl - electric grant

The Department of Agriculture Rural Business Cooperative Services awarded Macon Electric Cooperative $191,500 on February 26, 2026, under the Rural Economic Development Loans and Grants program (CFDA 10.854). The award funds feasibility studies, business start-up cost coverage, and technical assistance for business incubator initiatives serving rural businesses within the cooperative's service territory. Macon Electric Cooperative, a tax-exempt rural electric utility cooperative headquartered in Macon, Missouri, operates as a pass-through intermediary distributing funds to ultimate recipients—rural businesses and development projects. The award carries a period of performance through February 26, 2028, with place of performance in Missouri. The Rural Economic Development Loans and Grants program provides funding for rural projects through local utility organizations to promote rural economic development and job creation; USDA passes zero-interest loans and grants through eligible utilities to rural economic development projects.