THE 2014 FARM BILL

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    Rural Economic & Development Programs

    Rural Business Development Grants

    Rural Microentrepreneur Assistance Program

    Rural Business Investment Program

    Purpose: To promote economic development in mostly rural areas by helping to meet the equity capital investment needs of smaller enterprises located in such areas. This program is administered by the USDA's Rural Development office.
    Funding: $20 million to be annually appropriated throught FY 2018.
    For More Information, Visit These Sites:
    The USDA's Rural Development Program Page
    Purpose: Provides grants to agricultural producers wishing to undertake projects that add value to their commodities and increase the producer's income. The program is administered by the USDA's Rural Development office.
    Funding: Mandatory $63 million to be made available until expended, with an additional $40 million to be annually appropriated through FY 2018.
    For More Information, Visit These Sites:
    The USDA's Rural Development Program Page
    Purpose: Technical assistance for producers in developing agricultural-based businesses based on value-added production.
    Funding: $1 million to be annually appropriated through FY 2018.
     
    Funding: $65 to be made annually available through FY 2018.
    History: This program is created with the 2014 Farm Bill as an amalgam of the Rural Business Opportunity and Rural Business Enterprise Grants.
     

        Rural Community Programs

    Title 7: Research & Extension Programs   

    The second half of Title 6 focuses on programs fostering rural economy and development. 

    Value-Added Producer Grant Program

    Agriculture Innovation Center Demonstration Program

    Rural Cooperative Development Grants

    Purpose: Funds grants that will improve the economic condition of rural areas by assisting individuals or entities in the startup, expansion or operational improvement of rural cooperatives and other business entities. These grants are administered by the USDA's Rural Development office.
    Funding: $40 million to be annually appropriated through FY 2018. 
    For More Information, Visit These Sites:
    The USDA's Rural Development Page

    Intermediary Relending Program (IRP)

    Purpose: Provides loan to finance business facilities and development projects that will alleviate poverty and increase economic activity and employment in rural communities. These loans are administered by the USDA's Rural Development office.
    Funding: $25 million to be annually appropriated through FY 2018. 
    For More Information, Visit These Sites:
    The USDA's Rural Development Program Page
    Purpose: Provides grants to third-party entities that assist rural entrepreneurs in establishing microenterprises in rural areas. This program is administered by the USDA's Rural Development office.
    Funding: Mandatory $3 million to be available each year through FY 2018, with $40 million in discretionary annual appropriations.
    For More Information, Visit These Sites:
    The USDA's Rural Development Program Page

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    Disclaimer: This is an aggregated site, meaning most of the information found within is from another publicly available source. The majority of the program information can be found in the Congressional Research Service's "The Farm Bill (P.L. 113-79): Summary and Side-by-Side" report, as well as the program respective USDA page.