Grand Union Hotel owner Cheryl Gagnon gives Under Secretary Lisa Mensah a tour of the renovated historic hotel in Fort Benton, Montana. The Gagnons used a Business & Industry Loan Guarantee to finance the rehabilitation, along with financing from a revolving loan through Bear Paw Development funded by USDA’s Intermediary Relending Program. Just another example of how USDA Rural Development helps America's rural small businesses.
America’s economy rides on the wheels of small businesses.
The U.S. Small Business Administration says more than half of Americans either own or work for a small business. The contributions of these firms will be honored May 1-7 during National Small Business Week — #DreamSmallBiz — and USDA Rural Development is proud to join in the celebration.
As the leading federal agency working exclusively to foster economic opportunity in rural America, Rural Development knows Main Street businesses drive the rural economy. Money earned and spent at a small town “mom-and-pop” store, or a small-scale manufacturer gets re-invested locally. Read more »
The Federal Government recently announced that it met its annual government contracting goal for small business. The government contracting goals are measured as a percentage of overall government contracts awarded. The Federal Government mandates 23 percent to be awarded of all prime contracts to small businesses and for Fiscal Year 2013, the government awarded 23.9 percent.
USDA has consistently met or exceeded its small business goal and received another “A” for Fiscal Year (FY) 2013. In fact, USDA awarded 54.16 percent of eligible contracts to small businesses, exceeding the 53.5 percent goal provided the Department by the U.S. Small Business Administration. Read more »
National Small Business Week began yesterday with a proclamation from President Obama recognizing the small businesses across the Nation which, especially in our rural and small-town communities, making vital contributions to communities and the American economy.
Individually, the impact of a small business may seem minor in comparison with conglomerates. The Small Business Administration (SBA), however, estimates that more than half of our American workforce either owns or is employed by a small business, and two out of every three new jobs in the U.S. each year is created by–you guessed it–a small business. It’s clear this portion of economy is significant, but in rural towns and areas where each job and transaction has an effect on the community, small business is essential. In rural America, the entrepreneurs, mom-and-pop shops, agri-businesses, small-scale manufacturers, and other enterprises are the local economy. Read more »
A small business training event will be held in Arkansas in June. It's a chance for small business owners to learn how to contract with the Federal government. Here, Alphonso (Al) Hooks and his son, Demetrius, host field days to share his success story with others interested in expanding their small farming businesses on the family’s farm in Shorter, AL., on Feb. 16, 2012. NRCS photo.
It’s National Small Business Week!
In support of the Obama Administration’s efforts to put Americans back to work and create an economy built to last, the Department of Agriculture (USDA), Office of Small Disadvantaged Business Utilization will host Rural Small Business Connections, a training event to provide small businesses with educational networking sessions and opportunities on how to successfully do business with USDA and other Federal agencies. Read more »
Last month, I joined Secretary Vilsack in announcing National Small Business Week on behalf of the U.S. Department of Agriculture in Louisiana. In support of rural small businesses, USDA announced several funding opportunities across the country for business owners to increase their capacity to hire new workers and expand their businesses. Small Businesses are the lifeblood of every community, but in a rural town one small business can mean the difference between a thriving main street and empty windows. This is why the work that USDA does on behalf of rural America is so important.
The state office for Rural Development is located in Central Louisiana where I met State Director Clarence Hawkins and his staff before we headed out to visit local businesses. The first stop was Consolidated Energy Holdings in Pollock. A variety of waste sources is produced by the company. Later, I had the opportunity to speak at the Cenla Small Business Appreciation Luncheon at the Central Louisiana Business Incubator in Alexandria. I was so inspired by the business incubator, which the city started as a workforce training facility for those with the desire to grow and expand their businesses. The incubator provides business owners with growth strategies, financing options, resources, and administrative support to name a few. There is an industrial kitchen available to use for food based business opportunities and specialty food producers. This incubator is the epitome of what small communities across rural America should be doing, making investments in their own citizens to foster job growth. Read more »
June through September is wildfire season in the United States and on June 18 there were already 16 active major fires consuming more than 102,000 acres. As much damage and destruction these fires cause, even more may be on the way when future rains cause mudslides from soil erosion on barren hills. That’s where “Woodstraw” comes in.
WoodStraw® is a wood-based erosion control product that was developed by Forest Concepts, in Auburn, WA, using a Small Business Innovation and Research (SBIR) grant administered by the U.S. Department of Agriculture’s National Institute of Food and Agriculture (NIFA). This material is made from low-grade waste wood veneer and resembles oversized pick-up sticks. Wood-based erosion control products have many advantages over traditional grass straw as an erosion-control material because it is heaver and will not blow away, is 100 percent seed and weed-free, and is effective on slopes of up to 70 percent grade. Read more »