|(JULY 13, 2012) USDA RURAL DEVELOPMENT AWARDS $335,000 IN RURAL BUSINESS ENTERPRISE GRANTS IN IOWA|
|Funds Will Help Provide Technical Assistance to Small and Emerging Businesses|
|Des Moines, Iowa, Jul 13, 2012
@@Bill Menner, U.S. Department of Agriculture (USDA) Rural Development State Director in Iowa, today announced that six entities in Iowa are receiving a total of $335,000 in Rural Business Enterprise Grants (RBEG) from the agency.
The funds will assist a variety of small and emerging businesses throughout the state by providing technical assistance, training and access to revolving loan funds.
“We are extremely pleased to be helping with so many efforts around the state that will strengthen the economy, create jobs, support business growth and expand opportunity for rural Iowans,” Menner said.
“The Obama Administration is committed to ensuring that rural communities are economically vibrant and successful in their business-development and job-creation efforts.”
Receiving funds include:
Iowa Valley Resource Conservation and Development, Amana - $50,000 grant
Funds will support the Women Land and Legacy effort which provides technical assistance to women who own or are developing businesses and farm operations. These funds will be used in Iowa, Tama and Poweshiek Counties.
City of Underwood - $42,820
Funds will used by the city to construct a building that will be used as a business incubator. The building will contain four commercial spaces for small and emerging businesses.
Indian Hills Community College, Ottumwa - $70,000
Funds will be used to provide technical assistance to small and emerging businesses and entrepreneurs in southeast Iowa.
Northeast Iowa Community College Foundation, Calmar - $44,000
Funds will be used to provide technical assistance, consulting services and workshops for small and emerging businesses and entrepreneurs in northeast Iowa.
City of Elgin - $59,000
Funds will be used to start a revolving loan fund to assist businesses in Elgin.
Loess Hills Solutions, Inc., Council Bluffs - $69,180
Funds will be used to develop training and certification programs for employees working at small businesses in southwest Iowa. Program topics will include such things as construction and ladder safety, as well as lead and mold remediation and detection.
Since taking office, the Obama Administration has taken historic steps to improve the lives of rural Americans, put people back to work and build thriving economies in rural communities. From proposing the American Jobs Act to establishing the first-ever White House Rural Council – chaired by Agriculture Secretary Tom Vilsack – the President wants the federal government to be the best possible partner for rural businesses and entrepreneurs creating job opportunities and for people who want to live, work, and raise their families in rural communities.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $155 billion in affordable loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
This past year USDA Rural Development’s investment in Iowa helped create or retain more than 1,900 jobs, aided 2,000 families in buying their own homes and assisted more than 80 communities as they made improvements to their facilities, services and infrastructure.
Contact USDA Rural Development
USDA Rural Development has 11 offices across the state to serve the 1.7 million Iowans living in rural areas and communities. Office locations include a State Office in Des Moines, along with Area Offices in Albia, Atlantic, Humboldt, Indianola, Iowa Falls, Le Mars, Mount Pleasant, Storm Lake, Tipton and Waverly.
Further information on programs available through USDA Rural Development is available by visiting the agency’s web site at www.rurdev.usda.gov/ia or by calling (515) 284-4663.
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