---
title: Is Your Company Eligible For Funding to Promote Rural Economic Development?
description: The USDA recently announced the awarding of $22.5 million in loans and grants for organizations in nine states. This funding was provided through USDA’s Rural Economic Development Loan and Grant (REDLG) program and is intended to fund projects that create and retain employment in rural areas.
---

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# [Is Your Company Eligible For Funding to Promote Rural Economic Development?](https://blog.goosmannlaw.com/blog/is-your-company-eligible-for-funding-to-promote-rural-economic-development)

 By [Goosmann Law Team](https://blog.goosmannlaw.com/blog/author/goosmann-law-team)   |  13, June 2014 

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June 13, 2014. The USDA recently announced the awarding of $22.5 million in loans and grants for organizations in nine states. This funding was provided through USDA’s [Rural Economic Development Loan and Grant (REDLG) program](http://links.govdelivery.com/track?type=click&enid=ZWFzPTEmbWFpbGluZ2lkPTIwMTQwNjEwLjMyOTUwMDQxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE0MDYxMC4zMjk1MDA0MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE2OTY0NDMzJmVtYWlsaWQ9Y2hyaXNAZ29vc21hbm5sYXcuY29tJnVzZXJpZD1jaHJpc0Bnb29zbWFubmxhdy5jb20mZmw9JmV4dHJhPU11bHRpdmFyaWF0ZUlkPSYmJg==&&&101&&&http://www.rurdev.usda.gov/BCP_redlg.html) and is intended to fund projects that create and retain employment in rural areas. Through REDLG funding is provided to local utilities who then disburse those funds to eligible local companies and organizations.

For additional information on this program, including eligibility criteria and relevant deadlines, please see the following Ag Lawyer on Your Side Blog Post, [USDA’s Rural Economic Development Loan and Grant (REDLG) Program Provides Funding](http://www.goosmannlaw.com/usdas-rural-economic-development-loan-grant-redlg-program-provides-funding/) or contact the Goosmann Law Firm at [info@goosmannlaw.com](mailto:%20info@goosmannlaw.com) or call 712-226-4000.

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