Albuquerque, NM, Oct 27, 2010 -- USDA Rural Development State Director Terry Brunner traveled to San Miguel, New Mexico south of Las Cruces to present a $99,999 certificate of obligation to the Community Action Agency of Southern New Mexico (CAASNM) earlier today. The funds will be used by CAASNM for the development of business a management instruction program for small businesses located in the Coloñias of Dona Ana County and in the Chaparral area of Otero County.
The funding is provided by the Rural Business Enterprise Grant (RBEG) program administered by USDA Rural Development’s business programs. The program provides funds to organizations that are able to give technical assistance to small businesses located in rural communities.
The event was held at the Tres Manos Weaving Center in San Miguel, New Mexico which is an example of the type of business that will be given the business development training. Tres Manos Tres Manos is a textile arts program that provides training to low-income female residents of the Coloñias weaving, spinning, sewing, and beading. They also receive training in life and business skills.
During the event Brunner said, “During the economic recovery, New Mexico’s small businesses need all the help they can get. This local effort will give small businesses the tools and information they need to grow their business. Starting and running your own small business is a challenge and the counseling and mentoring provided by Community Action is a service we hope that business owners will use.”This funding goes to the heart of solving the economic problems we are experiencing. That is the business training that will be given will help create new opportunities for prosperity and economic growth even in our smallest communities in New Mexico.”
The goal of the RBEG program is to improve the economic condition of rural areas by supporting education efforts that offer the expertise to assist individuals in the startup, expansion or improvement of their small rural business.
CAASNM will use the money to offer direct one-to-one business development counseling and technical assistance with child care providers and other entrepreneurs. The training process will include six months of intensive counseling and six months of onsite business mentoring and auditing with an individual certified business coach.
The technical assistance will be provided on an individualized plan developed with the participant and based on their readiness and needs and will be provided in Spanish and English at the business site. Included in the curriculum is information on licensing requirements and incorporation, payroll, tax, paperwork and bookkeeping, leadership, operations, safety, human resources, marketing and related business topics.
The businesses identified to receive this assistance include child care providers, a flower shop owner, a bee keeper and a fertilizer manufacturer.
USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. Rural Development fosters growth in homeownership, finances business development, and supports the creation of critical community and technology infrastructure. Further information on rural programs is available at any local USDA Rural Development office or by visiting USDA Rural Development’s web site at http://www.rurdev.usda.gov