Small Business Policy News

Proven Program Helps Create Rural Jobs

The Rural Microentrepreneur Assistance Program (RMAP) is a new program administered through the U.S. Department of Agriculture. In two short years, it has proven to be a solid job creator in rural America. The program provides loan capital and technical assistance grants to small business development organizations to make loans and provide support to startup and existing rural businesses.

RMAP loan funds are unique. They can be used to purchase real estate and allow for a loan term of up to 10 years. They are filling a previously unmet financial need.


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