Rural Development Initiatives
Investing in Stronger Communities Across the Thumb.
At Thumb Electric Cooperative (TEC), we believe that reliable energy is just the beginning. We’re committed to supporting the growth and resilience of the rural communities we serve — not only through electric service, but by helping unlock funding and resources for local businesses, municipalities, and nonprofits.
Through partnerships with the U.S. Department of Agriculture (USDA) and other rural development agencies, TEC works alongside qualified businesses and local leaders to secure loans and grants that strengthen our region’s economy and improve quality of life.
Rural Economic Development
Empowering Rural Communities
TEC helps businesses and community organizations apply for a variety of federal economic development programs administered by the USDA’s Rural Business-Cooperative Service. These programs are designed to create jobs, support innovation, and promote long-term sustainability in rural areas like ours.
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Financing for projects that support job creation and infrastructure in rural communities.
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Loan guarantees to support the growth of rural businesses and cooperatives.
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Low-interest loans for community development projects and small businesses.
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Grants that assist small and emerging rural businesses with technical assistance or capital needs.
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Support for tech-driven innovation and cooperative development.
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Help for municipalities and nonprofits to improve long-term planning and service delivery.
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Access to federal initiatives that serve underserved and economically challenged areas.
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Collaboration with universities to strengthen rural development education and research.
Programs we can help facilitate include:
For more information or to explore your eligibility for these programs, contact TEC at 1-989-658-8571
Local Economic Development Partners
Collaborating for Local Growth
TEC also works closely with local Economic Development Corporations (EDCs) to support business attraction, expansion, and job creation throughout the Thumb. Learn more about resources in your area:
Huron County Economic Development Corporation