The Rural Innovation Stronger Economy (RISE) Grant Program offered grant assistance to create and augment high-wage jobs, accelerate the formation of new businesses, support industry clusters and maximize the use of local productive assets in eligible low-income rural areas.

RISE grant funds could be used to: Build or support a business incubator facility, Provide worker training to assist in the creation of new jobs, Train the existing workforce with skills for higher-paying jobs, or Develop a base of skilled workers and improve their opportunities to obtain high-wage jobs in new or existing local industries.