REAP

Our Rural Enterprise Assistance Project is committed to strengthening rural communities through small, self-employed business development. We offer four essential services: financing (micro loans), business training, technical assistance, and networking.

Call on REAP when you are thinking of starting a small business or if you already operate a small business in Nebraska. You can find your nearest REAP business specialist here. Through REAP you can create a business plan, research potential markets and marketing ideas, discuss management issues with experienced business specialists, and apply for a small business loan.

Started in 1990, REAP has provided services to numerous micro/small businesses throughout Nebraska. (A micro business is defined as one with 10 or fewer employees.) We've placed over $10 million in loans and leveraged over $17 million in additional funds from other sources.

REAP is a proud member of the Nebraska Small Business Collaborative, extending microenterprise businesses technical assistance and micro-loans in all distressed areas of Nebraska. You can learn more about REAP here.

REAP Notes

 

REAP Newsletter Fall 2014

Inside this Issue:

Spotlight on Success: A Gem of an Idea Gets this Business Rolling
Rural in the Digital Age
Rural Small Business Hiring on the Rise
Business Training Comes Direct to Your Doorstep
New REAP Administrative Assistant Says Hello!

Download the REAP Business Update as a pdf below.

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A Gem of an Idea Gets this Business Rolling

Starting a business can be quite complicated, especially if you haven’t thought about the details involved in structuring the business, looking for startup capital, doing inspections, or looking for a location.

The history behind Luis Onate, owner of The Granola House in Norfolk, Nebraska, is no different. Luis worked as a restaurant manager a few years before he joined the Bakery Team at the local Hy-Vee. His experience was one of the multiple motivations to start his own business.

Rural Small Business Hiring on the Rise

Our new assessment of rural small business trends, needs, and concerns in Nebraska shows some promising data. Most notable was the overall increase in hiring and job creation activity. The dramatic rise in Latino-owned businesses participating in the survey was also encouraging.

Interesting demographic trends among Latino business owners came to light. The owners were, on average, considerably younger than the overall sampling group. Also, business owners were more likely to be women. These trends create unique business needs and exciting development opportunities.