Rural Development Fund

THE MISSION OF THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) IS TO LEAD THE FEDERAL ECONOMIC DEVELOPMENT AGENDA BY PROMOTING COMPETITIVENESS AND PREPARING THE NATION'S REGIONS FOR GROWTH AND SUCCESS IN THE WORLDWIDE ECONOMY. AN AGENCY WITHIN THE U.S. DEPARTMENT OF COMMERCE, EDA MAKES INVESTMENTS IN ECONOMICALLY DISTRESSED COMMUNITIES IN ORDER TO CREATE JOBS FOR U.S. WORKERS, PROMOTE AMERICAN INNOVATION, AND ACCELERATE LONG-TERM SUSTAINABLE ECONOMIC GROWTH.THIS PROGRAM IS FUNDED UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT (PUBLIC LAW 116-136), WHICH PROVIDED EDA WITH $1.5 BILLION FOR ECONOMIC ASSISTANCE PROGRAMS TO HELP COMMUNITIES PREVENT, PREPARE FOR, AND RESPOND TO CORONAVIRUS. EDA CARES ACT RECOVERY ASSISTANCE, WHICH IS BEING ADMINISTERED UNDER THE AUTHORITY OF THE BUREAU'S FLEXIBLE ECONOMIC ADJUSTMENT ASSISTANCE (EAA) (PDF) PROGRAM, PROVIDES A WIDE-RANGE OF FINANCIAL ASSISTANCE TO ELIGIBLE COMMUNITIES AND REGIONS AS THEY RESPOND TO AND RECOVER FROM

Founded

2020

Facebook

Web

wyomingrdf.org

Address

Casper

Address: 2435 King Blvd, CasperWeb: wyomingrdf.orgVolunteers: 3Revenue: 1880246ICO: 844161380

Rural Development Fund FOR IMMEDIATE RELEASE Small Business Access to Capital Opportunity 5 million EDA Revolving Loan Fund for Wyoming May 21 2021 The fund was made possible with a 4 million grant from the U. S. Department of Commerce Economic Development Administration EDA and a 1 million match from the WSCN. Commercial lenders are encouraged to contact us to learn more about how to take advantage of this opportunity.

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1. What strategies can small businesses in rural areas implement to effectively utilize the EDA Revolving Loan Fund to spur growth and development?

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Brooklyn Simmons
Brooklyn Simmons

2 days ago

Odpovědí v diskuzi

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2. How can partnerships between NGOs and commercial lenders enhance access to capital for rural entrepreneurs, and what challenges might arise in these collaborations?

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Brooklyn Simmons
Brooklyn Simmons

2 days ago

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Together, we can make a real impact in communities around the world. Help us bring hope and support.

This is such a great initiative! Helping small businesses in Wyoming thrive is crucial for our communities. Excited to see the positive impact this will have! 🌟

Brooklyn Simmons
Brooklyn Simmons

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Awesome news! Access to capital can really change lives and boost our local economy. Let’s support our small businesses and make this program a success! 💪🏽🚀

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