# Rural Development Partners

> Rural Development Partners is a VC fund in Forest City backing Manufacturing and Non Profit. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Forest City, United States
- Total investments: 13
- Last investment: Apr 2025
- Lead investor: 77%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/rdpimpact/about/
- X (Twitter): https://twitter.com/RDP_Impact
- Website: https://www.rdpimpact.com/
- Facebook: https://www.facebook.com/RDPImpact

Rural Development Partners is a VC fund in Forest City focused on Manufacturing and Non Profit. Rural Development Partners is eligible to apply for an annual allocation of Federal New Markets Tax Credits (NMTCs).

## Round sizes

| Stage | Round size |
| --- | --- |
| Grant | $10M–$20M |
| Venture - Series Unknown | $10M–$18M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 5 | 38% |
| Non Profit | 4 | 31% |
| Food and Beverage | 3 | 23% |
| Charity | 2 | 15% |
| Industrial | 2 | 15% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 4 | 31% |
| Funding Round | 3 | 23% |
| Debt Financing | 3 | 23% |
| Venture - Series Unknown | 3 | 23% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 11 | 85% |
| France | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Magpro | Magpro is a magnesium recycling system that generates magnesium. | $17.5M | Grant | Apr 15, 2025 |  |
| Potters Industries | Potters Industries is a global manufacturer of engineered glass materials. The company offers glass microspheres serving government agencies, highway and road maintenance contractors as well as automotive, construction, mining, personal care, medical, and other industrial end markets. Potters is the largest worldwide producer of highway safetymarking glass beads, which add reflectivity to road markings to make them more visible to drivers and comply with government-mandated safety regulations. | $19.5M | Grant | Apr 03, 2025 |  |
| Tate | Tate is redefining data center airflow management. Our wide range of custom manufactured data center products include raised access floors, structural ceilings and containment, as well as airflow panels and controls which work together to maximize your data center's performance. | $10M | Grant | Feb 06, 2025 |  |
| ERMCO | ERMCO is a leading manufacturer of oil-filled distribution transformers and components designed for various industries. The company focuses on delivering customized solutions that ensure reliable power supply, even in challenging conditions. | $15M | Grant | Oct 17, 2024 |  |
| Food Bank of the Rockies | Food Bank of the Rockies is a private hunger-relief organization which collects and distributes food to non-profit agencies. | $15M | Debt Financing | Jun 26, 2024 |  |
| Alstom | Alstom is a global leader in the world of power generation, power transmission, and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services fora wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 92,000 people in around 100 countries. | $10M | Venture - Series Unknown | Dec 01, 2021 |  |
| Freestore Foodbank | Freestore Foodbank is a food distribution service that creates a hunger-free, healthy, and thriving community. They offer nutritious food and pathway from crisis to stability. Freestore Foodbank provides food through clinic pantries, food pantry, food distribution registration, healthy harvest mobile market, kids cafe, kind program, power pack,school pantries, summer meals, VA clinic. Freestore Foodbank is unable to do anything without food pantries, soup kitchens, shelters, community centers, program sites, senior centers, and daycare facilities. | $15M |  | Dec 01, 2021 |  |
| The Food Bank of Northeast Georgia | The Food Bank of Northeast Georgia is Empowering community to target and eradicate the root cause of hunger and malnutrition by providing healthy food, nutrition education, and innovative distribution methods. | $15M |  | Dec 01, 2021 |  |
| Delco Trailers | Delco Trailers manufactures a wide variety of flat deck and open deck gooseneck trailers, dumps trailers, livestock trailers, and car haulers. | $18M | Venture - Series Unknown | Dec 01, 2021 |  |
| Freestore Foodbank | Freestore Foodbank is a food distribution service that creates a hunger-free, healthy, and thriving community. They offer nutritious food and pathway from crisis to stability. Freestore Foodbank provides food through clinic pantries, food pantry, food distribution registration, healthy harvest mobile market, kids cafe, kind program, power pack,school pantries, summer meals, VA clinic. Freestore Foodbank is unable to do anything without food pantries, soup kitchens, shelters, community centers, program sites, senior centers, and daycare facilities. | $15M | Debt Financing | Dec 01, 2021 |  |

10 of 13 investments shown.

## Similar investors

### Similar industry
- [Praxis](https://shizune.co/investors/profile/praxis-2) — VC Fund
- [Social and Sustainable Capital](https://shizune.co/investors/profile/social-and-sustainable-capital) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund
- [Foundation for Innovation and Technology (FIT)](https://shizune.co/investors/profile/foundation-pour-l-innovation-technologique) — VC Fund
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

### Similar country
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## Featured in investor lists
- [Non Profit Investors](https://shizune.co/investors/non-profit-investors)
- [Non Profit VC Funds in United States](https://shizune.co/investors/non-profit-vc-funds-united-states)
- [Non Profit VC Funds](https://shizune.co/investors/non-profit-vc-funds)
- [Social Impact Investors](https://shizune.co/investors/social-impact-investors)
- [Social Impact VC Funds](https://shizune.co/investors/social-impact-vc-funds)
- [Social Impact Investors in United States](https://shizune.co/investors/social-impact-investors-united-states)

## FAQ

### What does Rural Development Partners invest in?

Rural Development Partners invests primarily in Manufacturing, Non Profit and Food and Beverage startups, most often at Grant and Funding Round stage. Most of the 13 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Rural Development Partners's check size?

Rural Development Partners typically joins rounds of $10M–$20M at Grant and $10M–$18M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Rural Development Partners participates in.

### When did Rural Development Partners last invest?

The most recent investment recorded for Rural Development Partners closed in Apr 2025. Shizune tracks 13 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co