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Appanoose County to receive money through USDA

Wednesday, September 10, 2014

Article by Daily Iowegian

WASHINGTON, D.C. — Senator Tom Harkin (D-IA) has announced that a total of $345,000 will be coming to seven Iowa cities, businesses and institutions from the U.S. Department of Agriculture’s Rural Business Enterprise Grant program for rural development projects across the state.

“In rural America, small investments in local businesses have a big impact,” said Harkin. “Investing in rural projects helps Iowa’s smaller communities harness the potential to grow and create new jobs and opportunities.”

The RBEG program provides grants for rural projects that finance and facilitate development of small and emerging rural businesses, help fund distance learning networks, and help fund employment related adult education programs.

Details of the funding are below.

n Iowa League of RC&Ds, Inc. - $43,470 to provide technical assistance and training to small and emerging businesses from 34 small communities and Native American settlements in Allamakee, Appanoose, Clayton, Davis, Fayette, Lee, Pottawattamie, Tama, and Van Buren counties.

n City of Calmar - $21,000 to provide technical assistance by employing an economic development contractual specialist to assist local existing businesses, prospective businesses, and further developments for the community in collaboration with Northeast Iowa Community College and the Calmar Economic Development Group.

n City of West Union - $79,500 to create a revolving loan fund to assist small and emerging businesses within the City.

n Tenco Industries, Inc. - $70,000 to assist in the purchase of equipment associated with the 4-bay hydroponic greenhouse in rural Wapello County.  Once completed, this facility will provide paid vocational opportunities for 10 disabled individuals at any one time – and through their system of rotating work opportunities, 80 people with disabilities will participate in any given year. 

n Warren County Economic Development Corporation - $45,530 to establish a revolving loan fund to provide financial assistance to small and emerging private business enterprises in Warren County.

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