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Posts tagged: small businesses

SBIR Grants Help Increase Company Growth, Decrease Forest Waste

The “Forest Scramble” playscape at Myrick Hixon EcoPark, in La Crosse, Wisconsin, features small-diameter round timber construction design by WholeTrees Architecture and Structures.  WholeTrees has used four Small Business Innovation Research grants to create new markets, grow its business, and create jobs in the rural economy. Photo courtesy of WholeTrees.

The “Forest Scramble” playscape at Myrick Hixon EcoPark, in La Crosse, Wisconsin, features small-diameter round timber construction design by WholeTrees Architecture and Structures. WholeTrees has used four Small Business Innovation Research grants to create new markets, grow its business, and create jobs in the rural economy. Photo courtesy of WholeTrees.

With Mother Nature providing the raw material, a company based in Madison, Wisconsin, saw a chance to grow its business, help the local economy, and promote a sustainable environment all at the same time.

WholeTrees Architecture and Structures is a small, woman-owned business that has successfully leveraged four Small Business Innovation Research (SBIR) grants into a business opportunity that has increased local revenue and grown the company from six employees and gross income of $150,000 in 2009 to 17 employees and gross income of about $1 million in 2013.  The company projects revenue increasing to $4 million by 2016.  USDA’s National Institute of Food and Agriculture (NIFA) administered the SBIR grants. Read more »

Secretary’s Column: Making the Business Case for Rural America

These days, it seems like it’s easier than ever to turn a good idea into reality. This is the era of Kickstarter, where entrepreneurs can connect with potential investors at the click of a button.

Of course, it takes more than money to grow an idea. It takes an atmosphere that fosters creativity and rewards innovation. And at a deeper, less obvious level, it requires strong, secure infrastructure—roads and bridges, but also internet access and community facilities like hospitals and schoolsthat improves connectivity and access to information, moves products to market, and makes communities competitive and attractive to new businesses and investments. Read more »

Secretary’s Column: USDA Support Keeps Old Glory Flying High

What began as a small sail-making shop in 19th century New York City has evolved into the modern realization of one family’s American Dream—a family-owned and –operated small business whose product has been a part of some of the most iconic images in our nation’s history.

Alexander Annin’s sail-making shop, established in the 1820s, has evolved into the oldest and largest flag company in the United States and is still in operation today. Commencing with Zachary Taylor’s 1849 presidential inauguration; to the flag-draped coffin of President Abraham Lincoln in 1865; onward to the iconic image of U.S. Marines hoisting the flag on Iwo Jima’s Mount Suribachi in 1945; to the flag planted by Neil Armstrong and Buzz Aldrin on the moon in 1969—all were Annin-made flags. Read more »

Secretary’s Column: Record Trade Supports Strong Rural Economies

Agriculture is one of the brightest spots in our economy, and the American brand of agriculture is surging in popularity worldwide. Trade and market access support good-paying jobs and drives economic growth. A strong rural economy is critical to the overall economic health of the United States.

The past five years represent the strongest in history for agricultural trade with U.S. agricultural product exports totaling $619 billion over five years. Agricultural exports in fiscal year 2013 alone reached $140.9 billion, the highest level on record, and supported nearly one million jobs here at home. Read more »

Secretary’s Column: Rural-Made Goes World Wide

This week, I visited Canonsburg, Pennsylvania, a small city outside of my hometown of Pittsburgh to kick off the first of five Made in Rural America forums designed to help rural small businesses access the information they need to grow through exports.

The global appetite for high-quality, American-made products is well established. Over the past five years, rural America has achieved record agricultural exports, but the rural economy is diverse. Last fiscal year, agricultural exports reached a record $140.9 billion and we are on track for another record year, with fiscal year 2014 agricultural exports projected to reach $149.5 billion. Last year was also the fourth-straight record-setting year for U.S. exports as a whole, reaching $2.3 trillion. Read more »

Building Ladders of Opportunity through Rural Small Business Development

Zena Forest Products' owner and Value Added Producer Grant recipient, Ben Deumling, explains the uses and values of different sizes of sustainably harvested Oregon white oak to USDA Rural Development Administrator for Rural Business Service Lillian Salerno at the company site near Salem, OR.

Zena Forest Products' owner and Value Added Producer Grant recipient, Ben Deumling, explains the uses and values of different sizes of sustainably harvested Oregon white oak to USDA Rural Development Administrator for Rural Business Service Lillian Salerno at the company site near Salem, OR.

In his Small Business Week Proclamation earlier this week, President Obama said, “Small businesses represent an idea at the heart of our Nation’s promise — that with ingenuity and hard work, anyone can build a better life.”

Having started my own manufacturing company in rural Texas many years ago, I believe small business folks are American heroes. What it takes to get a business going and the immense responsibility of employing others and developing markets is very hard work especially in rural areas.  The work of an entrepreneur is also rewarding and those relationships with employees, customers and the community are lifelong.  For rural entrepreneurs, their companies are part of the fabric of the community.

One of the main obstacles getting a business off the ground is locating the capital to invest in communities.  Seeking a business loan or receiving an equity investment is such a critical path for startups and to keep entrepreneurship vibrant in rural America because we know the type of jobs created by small business are the ladders of opportunity. Read more »