Potter, Nebraska, Sep 20, 2011 -- USDA Rural Development Nebraska State Director Maxine Moul and staff recognized the Potter Historical Foundation, the Panhandle Area Development District, and Rauner and Associates today in Potter, Nebraska with plaque presentations. The presentations were in recognition of the recent funding awarded to each recipient.
“We are pleased to celebrate the funding that was received by the recipients being recognized today,” said Moul. “The program funding was made possible through our Rural Business Enterprise Grant (RBEG) Program and the Rural Energy for America Program (REAP). These are very successful programs in Nebraska and benefit the rural areas of the state.”
Two recipients received funding through the USDA Rural Business Enterprise Grant program:
--The Potter Historical Foundation was selected to receive $85,000 that will be used to purchase and repair a vacant building in Potter. The first occupant of the business incubator will be a newly formed cooperative. The cooperative plans to reopen the grocery store that closed after more than 100 years of service, significantly impacting the elderly, handicapped and residents who lacked transportation. Grocery stores provide an essential service to rural communities. Potter draws a customer base from Cheyenne, Banner and Kimball counties in Nebraska and Weld and Logan counties in Colorado. It is anticipated this project will create four jobs.
--The Panhandle Area Development District (PADD) of Gering, Nebraska will utilize $27,200 to provide entrepreneurship education to new, emerging and existing small businesses in 12 counties of the Panhandle of Nebraska and Goshen County in Wyoming. Nebraska counties include Banner, Box Butte, Cheyenne, Dawes, Deuel, Garden, Kimball, Morrill, Scotts Bluff, Sheridan and Sioux.
“The selection of our project for funding by the USDA will most likely be looked back on as the single most important factor in succeeding with our goal of establishing a business incubator and reopening the grocery store. The funding of our project will help maintain our community’s viability and will give Potter a great opportunity for sustained growth in the future,” said Chairman Kirk Enevoldsen, Potter Historical Foundation.
Rauner and Associates of Sidney, Nebraska, a Rural Energy for America Program recipient, was recognized for a $7,696 grant awarded for window upgrades for the Certified Public Accounting business.
“Today’s grant recipients looked at the benefit of multi-state opportunities for their projects. The business incubator, for the Potter Historical Foundation, will be a great asset to the community of Potter. The Rural Business Enterprise Grant will assist the Foundation in long-term business development and sustainability in their community and surrounding area. Projects developed in this community will serve families and businesses in Nebraska and Colorado,” said Area Specialist Marla Marx, USDA Rural Development. “The RBEG technical assistance grant received by the Panhandle Area Development District is another tool to help develop new businesses in the Panhandle of Nebraska and in Eastern Wyoming. Entrepreneurship education can be utilized by new businesses, as they develop and by existing businesses as they grow. The ultimate goal is to develop and assist businesses, so they achieve profitability and long-term success.”
The Rural Business Enterprise Grant program provides grants that facilitate and finance the development of small and emerging rural, private business enterprises by providing technical assistance; acquiring land, buildings and infrastructure that enhance business development and by establishing revolving loans.
The Rural Energy for America Program provides opportunities for farmers and rural small business owners to install renewable energy systems and make energy efficiency improvements, as well as explore the feasibility of implementing renewable energy projects.
For more information contact Marla Marx at (308) 632-2195 ext. 1132 or email@example.com.