In his State of the Union Address, the President announced a plan for building a strong, successful and lasting economy. He spoke in particular about the need to source jobs domestically in order to bring employment back to the United States and the need for a strong manufacturing base to build our economy upon. Here at the USDA, we are doing our part by supporting rural businesses, building modern, reliable community infrastructure, and working with farmers and ranchers to export products grown in America.
Earlier this week, I participated in a webinar about domestic sourcing and opportunities for partnership between the federal and private sectors back home to America. As the representative for all federal programs, I highlighted many partnering opportunities across agencies like the Small Business Administration and Economic Development Administration, and described in depth the opportunities Rural Development provides to rural residents and businesses. In particular, I spoke about our rural business programs, like the Business and Industry Guaranteed Loan Program and the Rural Economic Development Loan and Grant Program which in the last year have assisted over 50,000 small and mid-size rural businesses across the country in creating or saving roughly 266,000 jobs. Read more »
Recently USDA Rural Development Administrator for Business and Cooperative Programs Judith Canales joined Small Business Administration (SBA) officials in Syracuse, New York, to discuss opportunities to promote rural small business investment and job creation. The rural investment roundtable event was held at Dairylea Cooperative, Inc.
As part of the Startup America Initiative, SBA recently announced the creation of a $1 billion Impact Investment Fund through its Small Business Investment Company (SBIC) Program. The Impact Fund will invest in distressed areas as well as in emerging sectors such as clean energy. SBA provides up to a 2 to1 match to private capital raised by this fund, partnering with private investors to target “impact” investments. Read more »
I had the privilege recently of spending time with people who are committed to improving their neighborhoods and communities. On September 22nd, the White House hosted a symposium on promoting economic recovery and job creation through Faith-Based and Neighborhood Partnerships (FBNP). Faith and community leaders from across the nation joined together to learn what the Federal Government is doing to support economic development by working in partnership with faith based and community organizations.
The symposium began with remarks by Joshua DuBois, Executive Director of FBNP, and SBA Deputy Administrator Marie Johns. Participants received an overview of how government agencies are working with faith-based and community organizations to support economic development and create jobs. Read more »
Farm Service Agency (FSA) acting Administrator Bruce Nelson praised Director of Contracting Activity Designee Joyce Bowie recently for her career work that earned her the distinguished USDA Champion Award at the Small Business and AbilityOne Award ceremony held at USDA. A member of the FSA Acquisition Management Division, Bowie was honored for effectively educating her internal customers about small business contractors and promoting the use of their services.
Each year, USDA agencies nominate and award small, small disadvantaged, women-owned, HUBZone, service disabled veteran-owned and AbilityOne businesses for their exemplary contract performance. This year marked USDA 18th year in recognizing USDA employees and businesses. In addition to honoring small businesses, USDA employees were also acknowledged and awarded for their accomplishments in fostering the use of such businesses as federal contractors, which provide maximum opportunities for small businesses to participate in USDA contracting activities. Read more »
South Dakota banks, Community Development Financial Institutions (CDFI) and others took part in a one day workshop held in Chamberlain, South Dakota on May 12, 2011. Attendees were given the opportunity to learn more about the Small Business Jobs Act of 2010 and SBA and USDA programs and their benefit to the nation’s economy as well as local economics.
Hailed as a success, the workshop gave all those in attendance an opportunity to network and share a combined vision in increasing access to capital and creating jobs in South Dakota. Read more »
USDA staff in Missouri joined Governor Jay Nixon on May 10 and May 11, 2011, at five Flood Recovery Resource Meetings to an estimated 600 people in Southeast Missouri. The meetings were held in the cities of Poplar Bluff, Sikeston, Charleston, New Madrid and Caruthersville which are located in the counties devastated by the recent flooding along the Black, Current, Mississippi and St. Francis Rivers, the cresting of Lakes Clearwater and Wappapello and the removal of the Birds Point Mississippi River Levee Plug.
The meetings were sponsored by Governor Nixon in an effort to respond to the needs of individuals, families and businesses affected by the flooding. The National Guard and the Highway Patrol started each meeting began with an update on the flooding situation. Representatives of state and federal agencies were introduced and attendees encouraged visiting informational booths concerning specific issues and learning of resources available. Read more »