Rural Feasibility Study Grant Program

From Compeer Financial, ACA

The mission is aimed at ensuring a strong future in rural America, specifically within Compeer's 144-county territory across Illinois, Minnesota, and Wisconsin. This is achieved by facilitating economic development and improving community assets through funding feasibility studies.

Type of Support

Overview

The Rural Feasibility Study Grant Program focuses on funding feasibility studies to foster economic development and enhance community assets in rural areas. These studies can range from market research, cost analysis, financial projections, to the assessment of suitable facilities/equipment and the development of a business plan. The criteria for awarding these grants include the project's impact on the community and region, consistency with local and strategic plans for development, local support, collaboration with other entities, likelihood of completion, level of economic distress, and unique project features. Proposals must also detail how the success or failure of the project will be determined and the procedures for assessing the project's impact post-completion. Applications are open until all funds are awarded.

Eligibility

Organization's Location
USA
Program Location
IL (Adams County, Boone County, Brown County, Bureau County, Carroll County, Cook County, DeKalb County, DuPage County, Fulton County, Grundy County, Hancock County, Henderson County, Henry County, Jo Daviess County, Kane County, Kankakee County, Kendall County, Knox County, LaSalle County, Lake County, Lee County, Livingston County, Marshall County, Mason County, McDonough County, McHenry County, McLean County, Mercer County, Ogle County, Peoria County, Pike County, Putnam County, Rock Island County, Schuyler County, Stark County, Stephenson County, Tazewell County, Warren County, Whiteside County, Will County, Winnebago County, Woodford County), MN (Aitkin County, Anoka County, Benton County, Blue Earth County, Brown County, Carlton County, Carver County, Cass County, Chisago County, Cook County, Cottonwood County, Crow Wing County, Dakota County, Dodge County, Faribault County, Fillmore County, Freeborn County, Goodhue County, Hennepin County, Houston County, Isanti County, Itasca County, Jackson County, Kanabec County, Lake County, Le Sueur County, Martin County, McLeod County, Mille Lacs County, Morrison County, Mower County, Murray County, Nicollet County, Nobles County, Olmsted County, Pine County, Pipestone County, Ramsey County, Rice County, Rock County, Scott County, Sherburne County, Sibley County, St. Louis County, Stearns County, Steele County, Todd County, Wabasha County, Waseca County, Washington County, Watonwan County, Winona County, Wright County), WI (Adams County, Ashland County, Barron County, Bayfield County, Buffalo County, Burnett County, Calumet County, Chippewa County, Columbia County, Crawford County, Dane County, Dodge County, Douglas County, Dunn County, Eau Claire County, Fond du Lac County, Grant County, Green County, Green Lake County, Iowa County, Iron County, Jackson County, Jefferson County, Juneau County, Kenosha County, La Crosse County, Lafayette County, Marquette County, Milwaukee County, Monroe County, Ozaukee County, Pepin County, Pierce County, Polk County, Racine County, Richland County, Rock County, Rusk County, Sauk County, Sawyer County, Sheboygan County, St. Croix County, Trempealeau County, Vernon County, Walworth County, Washburn County, Washington County, Waukesha County, Winnebago County
Organization Type
Non-profit organizations serving rural areas
Educational institutions
State, county, local, or tribal governments
Other
  • Project must be located in Compeer’s 144-county territory in Minnesota, Illinois, or Wisconsin

Ineligibility

Groups ineligible to apply for the grant: Entities looking to purchase equipment
Entities focusing on product research and development.
1k – 5k

Submission

Visit Apply for more information.