Resource Details

Business, Economic Development, Start-Up & Entrepreneur

Capital Catalyst Program

WEDC provides matching grants typically ranging from $50,000 to $500,000 to approved organizations or communities that manage a seed fund to provide capital to high-growth startups and emerging growth companies, or support R&D-to-commercialization efforts. These locally managed funds may provide grants, loans and/or investments in startups and early-stage and innovative small businesses that operate in their service area. Loan repayments and returns on investment may stay within the fund to assist additional companies and create a supportive environment for business creation and development.

Eligibility

Recipients of WEDC Capital Catalyst funds must demonstrate organizational capability and the availability of entrepreneurial support to achieve program goals. Capital Catalyst fund recipients may include units of government, educational institutions, foundations, other nonprofit entities, or investment holding entities established by otherwise eligible entities. Recipients must match at least 1:1 the amount of seed grant funding provided by WEDC.

Related Resources

  • Economic Development, Start-Up & Entrepreneur, Workforce

    Rural Entrepreneur Assistance Program

    U.S. Department of Agriculture

    This program provides loans and grants to Microenterprise Development Organizations (MDOs) to 1) help microenterprise startup and growth through a Rural Microloan Revolving Fund and 2) provide training and technical assistance to microloan borrowers and micro entrepreneurs.

  • Economic Development, Housing

    Rural Housing Site Loans

    U.S. Department of Agriculture

    Rural Housing site loans provide two types of loans to purchase and develop housing sites for low- and moderate-income families.

  • Agriculture, Start-Up & Entrepreneur, Sustainability, Veterans

    Transition Incentives Program (TIP)

    U.S. Department of Agriculture

    The Transition Incentives Program provides land owners or operators with two additional annual rental payments on land enrolled in expiring Conservation Reserve Program (CRP) contracts, on the condition they sell or rent this land to a beginning farmer or rancher or to a socially disadvantaged group.