Interlink Capital Strategies announces its selection to advance in the USDA’s Rural Business Investment Program (RBIP), marking an important milestone toward establishing a Rural Business Investment Company (RBIC), a private equity fund that invests in agriculture companies in rural areas in the United States.
The RBIP empowers rural businesses by providing access to capital and innovative financial solutions. By advancing in this competitive program, Interlink reinforces its commitment to supporting entrepreneurs, creating jobs, and driving long-term prosperity in underserved regions.
“We are excited to take this significant step forward in the RBIC process,” said Alan Beard, CEO & Managing Director of Interlink Capital Strategies. “This program aligns with our mission to make meaningful impacts in rural areas, in our case, in the Inter-Mountain West, and we are excited to help shape a more dynamic and inclusive future for these communities.”
Interlink Capital Strategies brings over 30 years of experience in structured and project finance, as well as currently managing two private equity funds (i.e., FDI Capital, an EXIM Bank delegated authority lender to support U.S. exports, and the Geothermal Development Facility, a German government backed fund to support early investment in geothermal power in Latin America). The Rocky Mountain RBIC it is currently in the process of standing up will focus on agriculture in the rural areas of Idaho, Montana, Nevada, Utah, Wyoming, Colorado, Arizona and New Mexico. The fund is in the process of raising up to $100 million to make investments in the $1-5 million range in companies that will enhance American food security and provide jobs in the region.