7 CFR § 4290.2000 - Operational Assistance Grants to RBICs.

---
identifier: "/us/cfr/t7/s4290.2000"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 4290.2000 - Operational Assistance Grants to RBICs."
title_number: 7
title_name: "Agriculture"
section_number: "4290.2000"
section_name: "Operational Assistance Grants to RBICs."
chapter_name: "RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "4290"
part_name: "RURAL BUSINESS INVESTMENT COMPANY (“RBIC”) PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 1989 and 2009cc"
regulatory_source: "69 FR 32204, June 8, 2004, unless otherwise noted."
cfr_part: "4290"
---


# 4290.2000 Operational Assistance Grants to RBICs.

(a) *Regulations governing.* Regulations governing Operational Assistance grants to RBICs may be found in subparts D and E of this part 4290 and in this § 4290.2000.

(b) *Restrictions on use.* A RBIC must use Operational Assistance grant funds only to provide Operational Assistance to Smaller Enterprises to which it either has made, or expects to make, a Financing.

(c) *Amount of grant.* Each RBIC will receive an Operational Assistance grant award equal to the lesser of 10 percent of the Regulatory Capital raised by the RBIC at the time of licensing or $1,000,000.

(d) *Term.* Operational Assistance grants made under this part will be made for a multiyear period (not to exceed 10 years) under such terms as the Agency may require.

(e) *Reporting and recordkeeping requirements.* Policies governing reporting, record retention, and recordkeeping requirements applicable to RBICs may be found in subpart H of this part 4290.