Cody, Nebraska, May 24, 2013 -- Nebraska Governor Dave Heineman celebrated today with Cody residents at the grand opening of the Circle C Market in Cody, Nebraska. USDA Rural Development staff attended to present the Village of Cody with a plaque commemorating its use of federal funding to construct the business incubator.
“USDA Rural Development was pleased to assist the Village of Cody with its business development efforts,” said Business and Cooperative Specialist Deborah Drbal, USDA Rural Development. “It is phenomenal how this project was embraced with enthusiasm from the community and youth.”
The Village of Cody received, from USDA Rural Development, $75,000 through the American Recovery and Reinvestment Act and an additional $95,000 in regular funding. The Village contributed more than $177,000; more than 50 percent of that contribution was donated time and materials from the residents of Cody and the surrounding area. The Sherwood Foundation contributed approximately $32,000.
The Circle C Market is the initial business to occupy the incubator. The business incubator facility is 3,000 square feet and is constructed of straw bales. Besides the grocery store, the building will house other small start-up businesses. Funds provided technical assistance and training for the community and students of the Cody-Kilgore School District. Students were involved from day one, working with the community in all details of the project from writing a business plan to planning the floor space and inventory.
Funds purchased the equipment needed for the market. This project is a great asset to the Village as it strives to keep the youth local, and provides hands-on education to local and surrounding area student entrepreneurs. A grocery store in Cody reduces the distance residents travel for their groceries, keeps the revenue at home for the local economy and offers access to local foods in a food desert. The incubator project will create an estimated 15 jobs.