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News Release
Release No. STELPRD4011497
ContactVicki Schurman402-437-5563
Printable Version  Printable Version
(JULY 7, 2011) USDA RURAL DEVELOPMENT AWARDS RURAL BUSINESS ENTERPRISE GRANTS TOTALING $284,000 TO FOUR NEBRASKA ORGANIZATIONS

Lincoln, Nebraska, Jul 07, 2011 -- Maxine Moul, USDA Rural Development State Director in Nebraska, today announced four organizations in Nebraska are receiving a total of $284,000 in Rural Business Enterprise Grants from USDA Rural Development.

“Improving economic opportunities for rural Americans continues to be a top area of emphasis at USDA Rural Development,” Moul said. “We are pleased to be assisting these projects that will help rural communities build stronger local economies, many through improved local foods opportunities. One of USDA’s strengths is working with organizations that are best positioned to help address an area’s economic needs.”

The funds announced today are being provided through USDA Rural Development’s Rural Business Enterprise Grant program. Under the program, USDA Rural Development helps finance and facilitates the development of small and emerging private business enterprises. Grant funds are awarded to intermediaries to support revolving loan funds, provide technical assistance, or construction.

Recipients are:

Village of Walthill

$56,055

    Funds will be used to provide technical assistance to businesses located in Walthill, NE in the form of Business and feasibility plans, restructure village ordinances, site selection for manufacturing, and financial resources assessments.

Village of Hayes Center

$98,000

    Funds will be used to construct a building to be used as a grocery distribution warehouse for Scott’s Foods in Hayes Center. Scott’s Foods coordinates a group purchasing arrangement to supply grocery stock to three other small grocery stores in southwest Nebraska.

City of South Sioux City

$91,448

    Rural Development funds will be used to help develop a new small business development project in the All America Subdivision by providing key infrastructure for a more shovel ready site for potential small business.

Sandhills Journey Scenic Byway

$38,497

Funds will be used to implement business expansion through extensive marketing and promotion, and finding new opportunities for existing businesses to expand.

Contact USDA Rural Development

USDA Rural Development has seven offices across the state serving Nebraskans living in rural areas and communities. Office locations include a State Office in Lincoln, along with Area Offices in Ainsworth, Kearney, Lincoln, Norfolk, North Platte, and Scottsbluff.

USDA Rural Development is an equal opportunity lender with a variety of direct and guaranteed rural credit programs involving single and multi-family housing, community facilities, water and sewer development and business and industry programs.

Further information on this and other programs offered by USDA Rural Development is available by calling (402) 437-5551, by visiting www.rurdev.usda.gov/ne or at any local area office.

Last Modified:05/22/2012 
 
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