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USDA Rural Development (Tennessee State Office) via local electric/telephone cooperatives

Rural Economic Development Loan & Grant (REDLG) - business incubator projects sponsored by a TN electric or telecom co-op

Open

Deadline
Due Dec 31, 2026 · 85 days left
Award size
Not specified — see notice
Cost share / match ?
Required: you cover 20% of the total project
Who can apply
Nonprofit with 501(c)(3), Nonprofit without 501(c)(3), City or town government, County government, Small business
Where
Anywhere in Tennessee

Your share in dollars

Based on the funder's stated 20% applicant share. Some programs lower it for distressed counties or accept in-kind help. The notice has the exact rule.

Before you apply: Tennessee state agencies usually require you to be registered as a supplier in the state's Edison system before they can pay a grant. Ask the program contact, and register early. Grant-ready checklist

How this fits you

  • Available in Tennessee
  • Requires a cost share / match

Tell us who you are to see whether you're eligible.

Official notice: https://www.rd.usda.gov/programs-services/business-programs/rural-economic-development-loan-grant-program · Printed from grantme.click/grants/38d4af8b-59eb-466c-bb1d-85423fbc9ffb

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About this grant

USDA lends and grants to rural electric and telephone utilities, which pass the money on as zero-interest loans for local job-creating projects; business incubators are named as an eligible project type. A Tennessee incubator in a rural town under 50,000 people works with its local co-op or utility (a current or former Rural Utilities Service borrower), which applies to the USDA Rural Development state office on the project's behalf. The incubator receives a 0% loan, not a grant; the utility-level grant capitalizes a revolving loan fund.
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