Funds Available for Rural Economic Development

The Rural Economic Development Initiative (REDI) program is designed to help rural communities comprehensively diversify their local economy and create a more resilient Colorado. Applications are due March 30.

A total of $750,000 is available for Fiscal Year 2018-2019. The most successful applications are those from counties with less than 50,000 people and from communities with fewer than 20,000 people. Projects that demonstrate they are designed to strengthen the community through investing in the local economy and facilitating the diversification of local industries are particularly successful.

Types of projects that are eligible include local government economic planning and capacity; infrastructure to support economic diversification; and supporting growth and development of rural entrepreneurial ecosystems. 

For more information, click here.