Rural Microentrepreneur Assistance Program

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...

USDA Rural Development and partners held a revolving loan fund stakeholder roundtable in Lincoln, Nebraska via videoconferencing at the Nebraska sites of Kearney, Chadron, Norfolk and Scottsbluff. Thirty-six stakeholders attended, learning about the various revolving loan fund programs that USDA...

Recently, I joined USDA, Rural Development Deputy Under Secretary Cheryl Cook, employees of The Progress Fund, and several of their loan recipients for a funding announcement under Rural Development’s Rural Microentrepreneur Assistance Program (RMAP). RMAP was authorized in the 2008 Farm Bill and...

Beadle and Spink Enterprise Community (BASEC) just made its 500 th loan and through its revolving loan program has loaned over $16 million dollars to improve the economic and housing climate of part of South Dakota since 1996. BASEC (named after the two counties it serves) has less than a 1 percent...