Financial tools for rural grocery stores include connections to financing entities and programs that support the development and expansion of food networks and rural groceries.
The CDFI Fund’s Capacity Building Initiative for Financing Healthy Food Options is a tool created by the US Department of the Treasury. This tool details both public and private sources that fund food related initiatives.
IFF’s Loan Readiness Indicators. This tool was shared from IFF, a non-profit organization that supports rural grocery investment. The Loan Readiness Indicator sheet is a guideline intended to help a store owner consider their financial readiness before accruing additional loans for growth.
This spreadsheet provided by score.org is a template for financial projections and planning. More information and resources are available at www.score.org.
Rural Pennsylvania Funding Case Study: This case study is an example of a successful funding initiative using the Reinvestment Fund (TRF) to support rural grocery stores in Pennsylvania.
Prepared for this tool kit by the Kansas USDA Rural Development, this document details food and business related funding initiatives through the USDA Rural Development.
USDA Rural Energy Assistance Programs (REAP) provides financial assistance to reduce the costs related to increasing energy efficiency. Funding assistance may be used for building efficiency (i.e., insulation, A.C., furnace, windows and doors) or equipment upgrades (i.e., refrigeration and freezer units).
In addition to the rural grocery specific resources above, a full listing of USDA Rural Development resources can be found at this site.
The Kansas Department of Commerce oversees community and business development resources.
A non-profit organization that can assist with accessing financial resources for entrepreneurial efforts and start-up businesses.
A non-profit organization that supports community development initiatives and funding.
KHFI provides technical assistance for those seeking to strengthen access to healthy foods, as well as financing through a mix of loans and grants to develop new or renovate healthy food retail in underserved communities throughout Kansas.