The place-based investment model (PBIM) of talent development is a programming model for developing talents of high-potential youth in ways that could serve as an investment in the community. In this article, we discuss the PBIM within rural contexts. The model is grounded in three theories--Moon's personal talent development theory, Sternberg's theory of successful intelligence, and social cognitive career theory--and specifies five pathways for developing talent: (a) enrichment, (b) advanced learning, (c) human connections, (d) entrepreneurial thinking, and (e) specialized guidance. Through this proposal, we intend to focus place-based talent development efforts in rural areas on giving high-potential young people the knowledge, skills, and tools for understanding themselves, for developing their strengths and passions, and for recognizing localized opportunities for achieving self-fulfillment in adulthood.