Program Will Benefit Rural Entrepreneurs and Small Businesses
Entrepreneurship and asset-building are rural development strategies that have the potential to repopulate rural areas, create genuine opportunity for rural people, and address the continuing and growing economic disparity between rural and urban areas of the nation. Initiatives such as the Rural Microentrepreneur Assistance Program recognize the importance of entrepreneurship as a rural development strategy and provide the opportunity for rural people and rural communities to leverage the spirit, creativity, and opportunities entrepreneurship creates.
The Center for Rural Affairs released an analysis last year that found that fully funded, the program in its first year would create $21.2 million to $22.9 million in additional income in rural households and potential economic outcomes in rural communities of $54 million to $132 million.
The Rural Microentrepreneur Assistance Program will help provide rural people the opportunities they deserve.
Read more about microenterprise: http://www.cfra.org/policy/micro