Rural Business Investment Program: Rural Business Investment Company (RBIC) License
The Rural Business Investment Program provides a Rural Business Investment Company (RBIC) license to newly formed developmental capital organizations to help meet the equity capital investment needs in rural communities. Rural businesses will have access to work with RBICs to meet their capital needs.
Full details of the program are provided in the code of Federal Regulations.
Eligible applicants include newly formed for-profit entities, and subsidiaries of an entity.
- Must have relevant experience in venture capital or community development financing
- Must raise a minimum of $10,000,000 in private equity capital
- May be structured as limited partnerships, limited liability companies, or corporations
This is a licensing program. There is no funding associated with it.
For complete information about funding programs, including your application status, please contact funders directly. Summaries are provided for your convenience only. RHIhub does not take part in application processes or monitor application status.