Assistance Listing 10.860
Rural Business Investment Program
AGRICULTURE, DEPARTMENT OF · Rural Business Cooperative Service
Assistance Listing 10.860, “Rural Business Investment Program,” is a federal program administered by AGRICULTURE, DEPARTMENT OF. It provides non-financial and other non-financial assistance assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing.
Program objective
To promote economic development and create wealth and job opportunities among individuals living in rural areas and help to meet the equity capital investment needs primarily of smaller enterprises located in such areas.
As published in the SAM.gov Assistance Listing.
Current opportunities under 10.860
No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.
Eligible applicants (program level)
- Small Business Person
- Not-for-Profit Organization
- For-Profit Organization
An applicant is eligible to apply for an RBIC license if it meets the criteria in Subpart C of 7 CFR part 4290, which include but are not limited to: (1) the company is a newly formed for-profit entity or a newly formed for-profit subsidiary of such an entity; (2) the company has a qualified management team with experience in community development financing or relevant venture capital financing; and (3) the company will invest in enterprises that will create wealth and job opportunities in rural areas, with an emphasis on smaller enterprises.
Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.
Frequently asked questions
What is ALN 10.860?
10.860 is the Assistance Listing Number for “Rural Business Investment Program.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.
Who can apply under ALN 10.860?
The SAM.gov listing names these applicant types: Small Business Person, Not-for-Profit Organization and For-Profit Organization. Each funding notice under the program sets its own eligibility, so check the specific opportunity.