Lincoln, Nebraska, Jul 08, 2011 -- USDA Rural Development Nebraska State Director Maxine Moul announces the awarding of $175,105 to Central Community College of Ord, Nebraska and $124,871 to the Nebraska Enterprise Fund in Oakland, Nebraska. The funding is being provided through USDA Rural Development's Rural Community Development Initiative (RCDI) Program.
"We are pleased to announce the Rural Community Development Initiative program funding as it will greatly benefit Nebraska by promoting the building of sustainable rural communities,” said Moul.
USDA Rural Development's Rural Community Development Initiative helps community based development organizations, federally recognized Indian tribes and other groups promote economic growth in low-income, rural communities. Recipients are required to obtain matching funds, doubling the value of the grants. The grants are awarded to public or nonprofit intermediary organizations. The funds are then provided to recipients, which must be located in eligible rural areas. Funding of individual recipients is contingent upon their meeting the conditions of the grant agreement.
Central Community College – “Regional Strategies for Growing Sustainable Communities” will utilize funds to employ the HomeTown Competitiveness (HTC) community and economic development priorities. These priorities have proven successful in many Nebraska rural communities in Greeley, Sherman and Valley counties. HTC is a partnership of three nonprofit organizations: The Nebraska Community Foundation, the Rural Policy Research Institute (RUPRI) Center for Rural Entrepreneurship and the Heartland Center for Leadership Development. HTC is a “come-back/give-back” approach to rural community building based on local assets which harness local resources that communities already have. Local task forces are organized around four HTC pillars: Leadership, Entrepreneurship, Youth Engagement and Philanthropy.
Nebraska Enterprise Fund – “Nebraska Rural Microprograms - Linking Businesses to Resources” will utilize funds to provide a program of financial and technical assistance to two established microenterprise programs: GROW Nebraska and the Rural Enterprise Assistance Project. The proposed assistance will build the sustainability and capacity of these micro programs to serve the smallest businesses in rural communities and increase the number of businesses served. The project will hold regional forums on topics including: energy efficiency, E-commerce and mobile commerce, increasing leveraging and funding, business growth and survival techniques, Community Development Financial Institution (CDFI) application, social networking, access to government contracts, Small Business Innovation Research (SBIR), legal issues, resource networking, and economic gardening.
For more information contact Denise Meeks at 402-437-5559 or email@example.com. Visit www.rurdev.usda.gov/ne.