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Financial Resources: Rural Cooperative Development Grant Program

Posted by tia.taylor | May 6, 2020

The Rural Cooperative Development Grant Program (RCDG) supports Rural Cooperative Development Centers, which in turn, provide technical assistance to individuals and entities improving the economic condition of rural areas by supporting start-up, expansion or operational improvement of rural cooperatives and other business entities. Cooperatives have often been the mechanism used by small and midsized producers to work together to access new markets or market value added products. In 2013, business and cooperative funding through Rural Development helped 17,773 rural businesses, including 4,200 farmers and 4,472 small businesses. These investments created or saved over 41,600 jobs. Under the 2014 Farm Bill USDA will be creating an Interagency Working Group to improve coordination of programs and services between federal agencies and national and local cooperatives through the RCDG program.

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