Macon, MO, Sep 12, 2013 -- USDA Rural Development State Director Anita J. (Janie) Dunning today announced funding for Macon County Economic Development. Rural Development approved a Rural Business Enterprise Grant (RBEG) of $35,000.
"Identifying entrepreneurs and supporting small businesses are foundations for the economic vitality of any community. The creation and retention of jobs is essential to the sustainability of rural areas. When a community can start businesses and offer employment, those outside think success,” Dunning said. “Macon County is a success story. Providing the Rural Business Enterprise Grant funding to Macon County Economic Development will contribute to the continued progress of the City of Macon and Macon County. Rural Development is proud to be a partner in assuring Macon County Economic Development is enabled to provide the education and training necessary to foster business growth."
RBEG Funds will be used to provide business training sessions to residents of Macon County. Seminars will feature topics of interest to entrepreneurs and emerging small businesses in an effort to generate greater commerce and increase local jobs.
Congressman Sam Graves congratulated Macon County Economic Development and said, “I encourage all interested entrepreneurs in the Macon County community to attend the business training sessions that will be funded through this grant. These events will help local businesses expand operations and create jobs while promoting greater opportunity within the county.”
The Rural Business Enterprise Grant (RBEG) program promotes development of small and emerging businesses in rural areas. RBEGs may also be used to help fund distance learning networks and employment-related adult education programs. Eligible applicants for the program include public bodies, nonprofit corporations and federally recognized Indian Tribes.
For other examples of USDA investments in rural communities, please visit RD's interactive web map at http://www.rurdev.usda.gov/RDSuccessStories.html. The map features program funding and success stories for fiscal years 2009-2011. For further information about Rural Development programs in Missouri visit the website at: http://www.rurdev.usda.gov/mo.
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 $181 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. USDA has made a concerted effort to deliver results for the American people, even as the Department implements sequestration – the across-the-board budget reductions mandated under terms of the Budget Control Act.
USDA has already undertaken historic efforts since 2009 to save more than $828 million in taxpayer funds through targeted, common-sense budget reductions. These reductions have put USDA in a better position to carry out its mission, while implementing sequester budget reductions in a fair manner that causes as little disruption as possible.
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