Wisconsin State Director Frank Frassetto announced today that the United States Department of Agriculture (USDA) is investing $866,000 with 13 partner organizations in Wisconsin to help rural businesses create jobs
and increase economic opportunities.
“These grants will strengthen the economic fabric of our rural small towns and communities by providing capital to small and emerging businesses,” said Frassetto. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has been working tirelessly to be a strong partner to rural Wisconsin in building stronger and healthier communities, because we know when rural America thrives, all of America thrives.”
USDA is awarding the grants through the Rural Business Development Grant (RBDG) program. Recipients may use the funds to provide technical assistance, training and job-creation activities to small rural businesses. The following are examples of four projects being funded under today’s announcement in Southern Wisconsin.
• UW Board of Regents will use a $48,000 grant to provide technical assistance to small and emerging businesses in the City of Whitewater. This is the 2nd year that this Agency has been participating in Rural Development business programs and this year’s award proposes to assist six businesses, save nine jobs and create four jobs.
• WI Community Action Program Association Inc will use a $99,000 grant to
provide technical assistance to small businesses in rural areas throughout 28 counties in Wisconsin. Assistance will increase consulting services to start or expand businesses by providing help with feasibility studies, business planning, financial analysis, marketing strategies, implementation planning and loan search. The grantee will partner with six other Community Action Agencies for consulting services. This is the 3rd year that this Agency has been participating in Rural Development business programs and this year’s award proposes to assist eleven businesses and retain or create ten jobs.
Read the full story here.
;
