Lexington, Nebraska, Jul 29, 2014 -- USDA Rural Development announces funding of $99,000 to the City of Lexington. The funding will be leveraged with $121,000 from the city.
The funding will be used to renovate a 3,000 square foot building space, creating a business incubator that will be dedicated to growing and developing entrepreneurs in the area. There are no current spaces available for small
start-up businesses to utilize.
"The importance of entrepreneurial development in a community cannot be over-stated. This project will allow the City of Lexington to address a long-standing need by providing necessary support services in a nurturing environment. We are pleased to be able to partner with USDA Rural Development on this project to further enhance operations in the Dawson County Opportunity Center," said Joe Pepplitsch, City of Lexington.
"This business incubator will provide small businesses a professional work environment at an affordable price, while also being able to receive valuable technical assistance from co-tenants. The project will create 10 jobs in Lexington," said Business Programs Specialist Kelley Messenger, USDA Rural Development.
The project was funded through the USDA Rural Development Rural Business Enterprise Grant program. For more information contact Kelley Messenger at 308-237-3118 ext. 1120.
For more information, contact the Rural Development office nearest you. You can locate an office by visiting: http://www.rurdev.usda.gov/NE-Contact.html. Visit www.rurdev.usda.gov/ne for information on all of Rural Development’s programs.
For additional information on RD projects, please visit Rural Development’s new interactive web map featuring program funding and success stories for fiscal years 2009-2013. The data can be found at: http://www.rurdev.usda.gov/RDSuccessStories.html.
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.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users)