RIPLEY, Tenn., Nov 10, 2011 -- Location is one of the fundamentals of a successful business and Mississippi River Corridor-Tennessee, Inc. (MRCT) understands being located within easy reach of three major metropolitan cities paves the road to success for local businesses. Through federal funding, MRCT hopes to draw customers from the Memphis, Nashville and St. Louis areas who are searching for local goods.
USDA Rural Development (RD) State Director Bobby Goode today joined newly appointed MRCT Board Chairman Lee Hinson and former Board Chairman Jeff Huffman at Tennessee Technology Center to announce federal funding of the Dyersburg River Center Certified Incubator Kitchen, a multi-faceted business development project in West Tennessee.
The $10,000 grant will be combined with $10,000 in contributions from MRCT to develop a business plan and potential location for three local business ventures. Those ventures include a commercial kitchen designed to allow local producers a location to package their goods and make them available for purchase. Also included is a café where patrons will be able to sample and buy some of the local foods from the producers in the area as well as an art retail space where local artists and crafters will be able to showcase and sell their creations.
"Small business is the engine that drives local economies," said Goode. "Investments of time and money from all the partners in this facility provide tools for the next generation to build a healthy, diversified local economy."
Others participating in the event included Rep. Stephen Fincher’s Representative Hannah-Wade Powell, MRCT President Diana Threadgill, Dyersburg Main Street Executive Director Steve Guttery, Lannom Family Trust representative John Lannom, RD Area Director Harriet Cannon and RD Area Specialist Van Wylie.
The Mississippi River Corridor - Tennessee, Inc. is a non-profit created to identify, conserve and interpret the region’s natural, cultural and scenic resources to improve the quality of life and prosperity in West Tennessee. MRCT is dedicated to the preservation of land, environment and wildlife preservation as well as economic development of the six counties that border the Mississippi River along the western border of Tennessee, including Shelby, Tipton, Lauderdale, Dyer, Lake and Obion.
Rural Development's rural business grant programs provide assistance to local governments and non-profit organizations that assist small businesses, develop local business infrastructure, provide job training, conduct feasibility studies or provide technical assistance to businesses and community leaders.
USDA Rural Development invests in jobs, infrastructure, homeownership and affordable rental housing in rural communities. During the last two years the agency assisted more than 1.5 million Tennessee families and businesses, investing more than $1.3 billion through affordable loans, loan guarantees and grants.
For more information on Rural Development programs available in West Tennessee contact the Rural Development Area Office in Union City at 731-885-6480 ext. 4, toll free at 800-342-3149 ext. 1497 or visit us online at www.rurdev.usda.gov/tn.
USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write USDA, Director, Office of Civil Rights,
1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272