Nelson Helps Move REAP Project Forward

Release Date: 

07/18/07

Contact(s): 

Jeff Reynolds, jeffr@alltel.net, Phone: (402) 656-3091
Lyons, Nebraska- Thanks to Senator Ben Nelson, the Rural Enterprise Assistance Project (REAP), a program of the Center for Rural Affairs is a step closer to having the resources it needs to deliver rural small business training and establish the Rural Revitalization Website.
Last week the Senate Appropriations Committee advanced Financial Services and General Government Appropriations, which included $250,000 for this project.   Senator Nelson championed that funding.  The bill must go to the full Senate and on to a conference committee to iron out differences with the House of Representatives bill before it becomes law.

The funding would assist REAP in providing critical small business development services to existing and startup entrepreneurs across rural Nebraska, including small business training, technical assistance and loans.  It will also fund the establishment of a website to inform people across the nation on effective entrepreneurial rural development strategies, especially for agricultural communities, drawing on the latest information and analysis.

REAP currently provides critical business development services to low and moderate-income existing and startup entrepreneurs in rural areas.  REAP has a long track record of success in this area and is recognized as an expert in this field.  REAP is the only full service microenterprise program serving the rural areas of Nebraska and the only full service microenterprise program in this region.    

REAP is Nebraska’s largest microenterprise program. REAP provides lending, loan packaging, training, networking, and technical assistance opportunities for startup and existing small businesses.  For more information about REAP and its services, www.cfra.org/reap.

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