NEWS
RELEASE
United States Department
of Agriculture • Rural Development
3001 Coolidge Rd. • 2nd Floor North • Suite 200 • East Lansing, MI 48823
Phone: (517) 324-5204 • Fax: (517) 324-5225 •
alec.lloyd@mi.usda.gov
Contact: Alec Lloyd (517) 324-5204
TUSCOLA COUNTY RECEIVES $30,000 FOR RURAL BUSINESSES
EAST LANSING, Nov. 5, 2007 – USDA Rural Development Director for Michigan Gene DeRossett today presented a $30,000 ceremonial grant check to Tuscola County in support of their Energizing Tuscola’s Economy through Entrepreneurship initiative.
“Entrepreneurs are the key to revitalizing rural Michigan,” DeRossett said. “This is an investment in economic growth and the future prosperity for Tuscola County residents.”
The money is available through the Rural Business Enterprise Grant program and will be used to foster local entrepreneurship and increase employment through the Enterprise Facilitation project. This initiative focuses on helping entrepreneurs with the technical aspects of running a business, meaning more jobs will be created and that they will have better long-term prospects. The project is expected to generate 25 jobs per year. During Fiscal Year 2007, USDA Rural Development invested more than $428 million in rural Michigan communities.
USDA Rural Development's mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity, liquidity, and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure. Further information on rural programs is available at a local USDA Rural Development office or by visiting USDA's web site at http://www.rurdev.usda.gov/
###