News Release
Release No.STELPRD4017974
ContactJamie Welch Jaro801-524-4324
Salt Lake City, Utah, Aug 16, 2012 --

                      @@ Contact:

              Jamie Welch Jaro, Public Information Coordinator

(801) 524-4324

Paiute Indian Tribe of Utah Awarded USDA Grant to Aid Economic Development

WASHINGTON, August 21, 2012 – Agriculture Secretary Tom Vilsack today announced the selection of 16 recipients for grants to help spur economic development and create or save jobs in 17 states, one of which is located in Utah.

“The funding I am announcing today will help rural businesses, entrepreneurs and tribal communities obtain the financing they need to grow their businesses and create jobs,” Vilsack said. “These grants and loans represent the Obama administration’s commitment to expand capital investments, spur business development and make infrastructure improvements to strengthen our small towns and communities.”

USDA Rural Development is providing assistance through the Rural Business Enterprise Grant (RBEG) program, which provides grants to small and emerging rural businesses for projects such as distance learning networks and employment-related adult education programs. Rural public entities (towns, communities, State agencies and municipal authorities), Indian tribes and rural, private non-profit corporations are eligible to apply.

The Paiute Indian Tribe of Utah has been selected to receive a grant to acquire technical assistance from a small business development specialist who will provide business management training for seven new employees. The funds will also be used to train an RV Park Manager and to acquire equipment for the Koosharem RV Park Campground. This project has been leveraged with further funds through the department of Housing and Urban Development’s (HUD) Indian Community Development Block Grant. HUD has awarded the Paiute Indian Tribe of Utah $850,000 for the design and construction of the RV park. This project will create eight new jobs.

For a list of all recipients selected for funding under today’s announcement please go to Funding is contingent upon the recipient meeting the terms of the grant agreement.

President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.

USDA, through its Rural Development mission area, has an active portfolio of more than $172 billion in 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.