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Missouri receives $1 million investment in rural business development

By Madison Parry

The U.S. Department of Agriculture and Trump Administration released word at the start of October that 20 organizations across rural areas of Missouri will receive little more than $1 million to create jobs and increase economic opportunities throughout the state.

The tail-end of September and beginning of October brought good news for rural organizations and businesses in Missouri, the state receiving just over $1 million in funding for rural business development.

An investment of $1,068,984 has been given to Missouri by the U.S. Department of Agriculture (USDA) and Trump Administration million to create jobs and increase economic opportunities throughout the state.

Twenty organizations statewide will receive a portion of the investment USDA Rural Development State Director for Missouri, Jeff Case, announced.

“When rural, small businesses expand and do well, it leads to a positive impact on the economy of the communities they reside in and serve,” Case said. “USDA Rural Development’s highly competitive Rural Business Development grant program partners with these businesses to provide funding for expansion, training, technical assistance, and other economic development opportunities ensuring Missouri’s rural communities prosper and grow.”

Organizations receiving funding may use it to provide technical assistance, training and job-creation activities to small rural businesses, according to a news release from the USDA.