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Federal Register / Vol. 86, No. 113 / Tuesday, June 15, 2021 / Rules and Regulations
one or more of the following eligible uses:
a The construction or purchase of a building to serve as an innovation center located in a rural low-income community which establishes and/or supports a jobs accelerator and any equipment needs of the innovation center to support the jobs accelerator;
b Be for the support of programs to be carried out at or in direct partnership with the jobs accelerator or in support of jobs accelerator initiatives including one or more of the following:
1 Linking rural communities and entrepreneurs to markets, networks, industry clusters, and other regional opportunities to support high-wage job creation, new business formation, business expansion, and economic growth of rural communities;
2 Integrating rural small businesses into a supply chain;
3 Creating or expanding commercialization activities for new business formation in rural areas;
4 Identifying and building assets in rural communities that are crucial to supporting regional economies;
5 Facilitating the repatriations of high-wage jobs to the United States;
6 Supporting the deployment of innovative processes, technologies, and products;
7 Enhancing the capacity of rural small businesses in regional industry clusters, including small and disadvantaged businesses;
8 Increasing United States exports and business interaction with international buyers and suppliers;
9 Developing the skills and expertise of local workforces, entrepreneurs, and institutional partners in the region to meet the needs of employers and prepare workers for high-wage jobs in the identified industry clusters, including the upskilling of incumbent workers;
10 Ensuring rural communities have the capacity and ability to carry out projects relating to housing, community facilities, infrastructure, or community and economic development to support regional industry cluster growth;
11 Any activities that the Agency may determine to be appropriate, as specified in a Federal Register notice.
c Not more than 10 percent of a RISE
grant awarded under this section shall be used for indirect costs of the applicant associated with administering the RISE grant. The Agency may increase this percentage as a documented exception on a case by case basis.
d The innovation center may be physically located in a rural area as defined in 4284.1103 or in a non-rural
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area; as long as assistance being provided is to residents located in a rural area. The innovation center must be located in a rural low-income community if grant funds are used for the construction or purchase of an innovation center.
e The applicant is cautioned against taking any actions or incurring any obligations prior to the Agency completing the environmental review that would either limit the range of alternatives to be considered or that would have an adverse effect on the environment, such as the initiation of construction. If the applicant takes any such actions or incurs any such obligations, it could result in project ineligibility. Projects involving the construction of an innovation center as an eligible purpose are subject to the environmental requirements of 7 CFR
part 1970.
4284.1114

RISE grant funding.

a Grant amounts. The amount of grant funds that will be made available to a Partnership under this subpart will not exceed 80 percent of eligible project costs. The Federal share of the cost of any activity carried out using a grant under this section shall not be greater than 80 percent.
1 Minimum request. Unless otherwise specified in a Federal Register notice, the minimum request for a RISE grant application is $500,000.
2 Maximum request. Unless otherwise specified in a Federal Register notice, the maximum request for a RISE grant application is $2,000,000.
b Matching funds. The applicant is responsible for securing the matching funds for total eligible project costs that are not covered by grant funds. The nonFederal share of the total eligible project costs of any activity carried out using a grant under this section may be in the form of third-party equity contributions including donations and in-kind contributions of fairly-valued goods or services.
c Eligible project costs. Eligible project costs are only those costs incurred after a complete application has been received by the Agency and are associated with the items identified in paragraphs c1 through 6 of this section. The applicant is responsible for any expenses incurred in developing its application. Each item identified in paragraphs c1 through 6 of this section is only an eligible project cost if it is directly related to, and its use and purpose is limited to the RISE grant project. Any building or equipment purchased with grant proceeds must be owned and controlled by the lead
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applicant. The following is a list of eligible project costs:
1 Costs directly related to the purchase or construction of an innovation center;
2 Costs directly related to operations of an innovation center including purchase of equipment, office supplies, and administrative costs including salaries directly related to the project;
3 Costs directly associated with support programs to be carried out at or in direct partnership with job accelerators;
4 Reasonable and customary travel expenses directly related to job accelerators and at rates in compliance with 2 CFR 200.474;
5 Utility costs, operating expenses of the innovation center and job accelerator programs and associated programs;
6 Administrative costs of the grantee will not exceed 10% of the grant amount for the duration of the project.
d Ineligible project costs. Ineligible project costs and uses of funds for RISE
projects include, but are not limited to:
1 Costs associated with preparation of an application package under this notice;
2 Costs incurred prior to Agency receipt of a complete application for the grant request made under a funding notice;
3 Funding of any political or lobbying activities;
4 Payment for assistance to any private business enterprise which does not create and/or support jobs in a rural area of the United States;
5 Payment of any judgment or debt owed to the United States;
6 Duplicate current services or substitute support previously provided.
If the current service is inadequate, however, grant funds may be used to expand the level of effort or services beyond what is currently being provided;
7 To fund a part of a project that is dependent on other funding unless there is a firm commitment of the other funding to ensure completion of the project;
8 Pass through grants; and 9 costs associated with hemp production, unless a hemp producer has a valid license issued from an approved State, Tribal or Federal plan as per Section 10113 of the Agriculture Improvement Act of 2018, Public Law 115334 verification of valid hemp licenses will occur at the time of award.
4284.1115
content.

RISE grant applications
a A potential applicant for RISE may submit a concept proposal not less than
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