This program offers grant assistance to create and augment high-wage jobs, accelerate the formation of new businesses, support industry clusters and maximize the use of local productive assets in eligible low-income rural areas. The RISE project must serve a rural region small enough to allow close collaboration among partners. It also must include important elements of the region’s prioritized industry cluster (concentrations of related industries).
Eligibility: Eligible applicants are rural jobs accelerator partnerships with expertise in delivering economic and job training programs, consisting of the following: Non-profit entities, State entities, Tribal entities, Institutions of higher education, Public bodies.
Award: RISE grant funds can be used to: Build or support a business incubator facility, Provide worker training to assist in the creation of new jobs, Train the existing workforce with skills for higher-paying jobs, Develop a base of skilled workers and improve their opportunities to obtain high-wage jobs in new or existing local industries.
Deadline: Aug 02, 2021
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