Small Business News

Broadband access is a necessity of modern life

The internet is now considered a basic human right; it is how people find employment, handle their finances, attend college, work and receive medical care. However, not everyone is able to use the internet to its full potential, due primarily to slow speeds. Rural areas are at a disadvantage when it comes to accessing broadband.

Small business needs identified in report

The opinions of 587 business owners, resource providers and lenders will help shape the future of our Rural Enterprise Assistance Project.

Responses are compiled in “Their needs and thoughts: Results of the fifth biennial Small Business Needs Assessment,” by Dena Beck, Rural Enterprise Assistance Project senior project leader.

The results will also be used by policymakers, lenders and other business resource providers for focusing, planning and developing strategic partnerships.

Marketing assistance, startup capital identified as top small business needs

Nebraska businesses and those who serve them have once again provided vital information about their operations. The results are included in “Their needs and thoughts: Results of the fifth biennial Small Business Needs Assessment,” a report by Dena Beck, senior project leader and loan specialist with the Center for Rural Affairs’ Rural Enterprise Assistance Project, or REAP. 

REAP ranks ninth nationally

Center for Rural Affairs’ small business development program ranked ninth in the United States for the number of Small Business Administration microloans placed in fiscal year 2016. 

The program, Rural Enterprise Assistance Project, or REAP, provides lending, training, networking and technical assistance to startup and existing small businesses in Nebraska.

The Small Business Administration Office of Economic Opportunity ranks programs and announces results at the close of its fiscal year. We closed 101 small business microloans for a total of $575,105 in 2016.

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