Monday, January 21, 2008

Money To Start A Business In A Small Town


The government is so concerned about creating jobs in small towns they gave someone $150,000 to start a winery in the middle of Iowa. See http://www.rurdev.usda.gov/rd/newsroom/2003/vadglist03-final.pdf. There is a lot of money and help to start a business in a small town. The government is concerned about unemployment in small towns so it has committed a number of loans and grant programs to encourage almost any kind of entrepreneuring venture. Montana gave out a $25,000 grant to help small businesses in rural areas figure out how to get government contracts. See http://www.rurdev.usda.gov/mt/News/Montana/2004/63004RBEG.htm . So check out the small towns in your area. Who cares if you have to drive an additional hour to work if someone is going to give you $150,000 to start your business. A good place to start to see what kind of money is available is your local U.S. Department of Agriculture Rural Development Office http://www.rurdev.usda.gov/recd_map.html

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