Home Business Nevada receives federal grants for rural business enterprise

Nevada receives federal grants for rural business enterprise

by Nevada State News
Nevada highway in the desert

CARSON CITY — Nevada tribes, cities and counties this week received $195,271 in rural development grants to fund nine projects that are expected to generate 52 jobs. The grants, which fund a variety of projects, were announced by the USDA Nevada Rural Development office.

Funded projects include:

Elko Band was approved for a $68,500 grant to fund a feasibility study to determine the viability for multiple small tribal businesses.

The Indian Dispute Resolution Service will receive $94,771 for two projects to provide on-site business training and technical assistance to Nevada tribes and tribal members to assist in small business start-up and expansion.

Churchill and Douglas County were each approved for funds in the amount of $20,000, one to conduct business attraction activities; the other to complete a regional market analysis and marketing strategy.

Nye County Regional Economic Development Authority was approved for a $30,000 Rural Business Development Grant to establish a new revolving loan fund in Esmeralda County and continue support to Nye County for an existing revolving loan fund. These funds help to finance and facilitate development of small and emerging private businesses in communities of Esmeralda and Nye counties. The revolving loan funds are re-distributed to rural businesses as micro-loans to support enterprise and expansion.

Tahoe Prosperity a nonprofit in the Tahoe Basin was approved for a $20,000 grant to promote broadband deployment and expand access to wireless data across the Tahoe Basin, thereby increasing opportunity in the region.

The City of West Wendover was approved for a $37,000 grant to complete a feasibility study to determine the viability of natural gas installation for the West Wendover/Wells service territory.

RNDC I-80 Marketing Expansion/Opening Elko Office This Rural Development investment will be used to expand Rural Nevada Development Corporation’s (RNDC) lending program by providing additional outreach and marketing from an Elko office. Specifically, the funds will be used for technical assistance for a new position within the RNDC to serve the I-80 Corridor in Northern Nevada between Fernley and West Wendover. The position will serve the communities of Lovelock, Imlay, Winnemucca, Golconda, Battle Mountain, Crescent Valley, Carlin, Elko, Ryndon, Wells, Oasis and West Wendover.

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