|RURAL DEVELOPMENT INVESTS ELKTON BUSINESS PROMOTION|
|At a time when cutting edge technology is on the forefront of consumer awareness, small business development and promotion is more important than ever to the economic health of rural communities.|
|ELKTON, Tenn., Apr 09, 2012
@@At a time when cutting edge technology is on the forefront of consumer awareness, small business development and promotion is more important than ever to the economic health of rural communities. Now, with help from USDA Rural Development (RD), the city of Elkton is developing new and innovative ways to use technology to promote business in the region.
RD Area Director Faye Rodgers today announced a $6,340 grant to improve website to promote area businesses and the region's resources for future industrial investments. The new website will provide more comprehensive information on infrastructure, land and buildings, transportation and trade zones workforce, education and training opportunities as well as local quality of life information.
"This investment delivers a new tool necessary to ensure Elkton can compete with other cities on a level playing field,” said Rodgers. "In today’s world, investors and visitors both need detailed information in the user-friendly format they have come to expect."
Rural Development business programs help local governments and non-profit organizations improve local business infrastructure and promote job growth. Business loans provide needed financing for rural businesses and loan-guarantees are also available to help private lenders increase the pool of investment capital available for business start-up, modernization and expansion in eligible rural areas.
Others participating in the event included Sen. Bob Corker’s Representative Jane Jolley, Rep. Scott DeJarlais’ Representative Will Ridley, Elkton Mayor Carolyn Thompson, Giles County Economic Development Association Staff Dan Speer, and RD Staff Susan Shuff and Jim McPeters.
USDA Rural Development invests in jobs, infrastructure, community development, homeownership and affordable rental housing to improve the economic health of rural communities. During the last three years the agency has assisted at least 1.5 million Tennessee families and businesses in 158 communities, investing more than $2.5 Billion through affordable loans, loan guarantees and grants.
For more information on Rural Development programs available in south central Tennessee contact the Rural Development Area Office in Lawrenceburg at 931-762-6913 Ext. 4, toll free at 1-800-342-3149 ext. 1494 or online at www.rurdev.usda.gov/tn.