Yesterday, the Center for Rural Affairs released a report that examines USDA's Rural Microentrepreneur Assistance Program (RMAP), which was the only new rural development initiative to receive mandatory funding in the 2008 Farm Bill.Jon Bailey, Center for Rural Affairs Director of Rural Research and Analysis, stated that, "Congress should reauthorize RMAP and continue mandatory funding."
"RMAP is designed to provide funding to development organizations in the form of loans to relend to rural small businesses and grants to provide training and technical assistance to those small business borrowers or potential borrowers, with the goals to create jobs in and strengthen America's rural communities."
For more information, click here.
Posted 10/27/2011
