REAP News

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.

Prairie Rose Photography expands into new studio

Tandy Overstreet of Grant, owner of Prairie Rose Photography, recently took her business to the next level with the addition of an indoor studio. 

Overstreet is excited to offer her clients the opportunity for indoor and year-round photos. The studio also gives her a competitive edge. 

Sandoval receives Outstanding Service Award

Juan Sandoval, Rural Enterprise Assistance Project (REAP) Latino Business Center director, received the 2016 Outstanding Service Award from the Nebraska Entrepreneurship Task Force on Nov. 17 at the Innovation Campus in Lincoln.

The award recognizes individuals or organizations that have demonstrated and sustained outstanding leadership and advocacy for entrepreneurship education and/or business development services in Nebraska.

10 things I have learned in my 10 years with the Rural Enterprise Assistance Project

1. Small business is BIG business in rural areas (90 percent of the businesses have 10 and fewer full-time employees).

2. Staff within REAP and its partner Rural Investment Corporation, a certified Community Development Financial Institution, are not afraid to take a good, hard look at what they are doing and evaluate if it is indeed what our market needs.

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