Back to Grants
AK

AIDEA Rural Development Initiative Fund (RDIF) for Rural Restaurants

AIDEA loan program providing long-term financing for restaurant and food service business start-up and expansion in small rural Alaska communities not adequately served by conventional lenders.

About this program

Visit the program website for full details.

Eligibility

Restaurant and food service businesses in communities with population of 5,000 or less and not connected by road or rail to Anchorage or Fairbanks, or 2,000 or less if connected.

Requirements

  • Business must be located in an eligible rural Alaska community
  • Community must have population of 5,000 or less (not road/rail connected) or 2,000 or less (road/rail connected)
  • Must demonstrate job creation or retention