Inside this issue
Demand for small business capital is strong: The unexpected passing of Jeff Reynolds, long-time director of the Rural Enterprise Assistance Project (REAP), made 2017 a year of change and transition for our small business development work. Jeff was committed to rural small business development, and to each and every small business owner we ever worked with. Since becoming program director in 2000, Jeff led a dramatic expansion of our small business lending, training, and technical assistance work.
That's Impressive: A sample of business accomplishments: Penny Mulder, Norma and Humberto Avalos, Roger White and Cara Anderson, Jennafer Glaesemann, and Rachel Liester are just a handful of small business owners who have benefited from our Rural Enterprise Assistance Project loans. Loan applications are accepted on an ongoing basis.
Women's Business Center: Training and Technical Assistance Provided: From September 2016 through August 2017, Women’s Business Center specialists and contracted technical assistance providers delivered 4,559 hours of business counseling (including preparation hours) to 653 clients.
Latino Business Center: Latino-owned businesses represent 24 percent of U.S. businesses: Latino-owned businesses will number 4.37 million this year, as projected by a Geoscape study. This represents a growth of 31.6 percent since 2012, more than double the growth rate of all businesses in the U.S. (13.8 percent).
Small business staff present, collaborate, and lead: From Sept. 1, 2016, to Aug. 31, 2017, our small business staff won awards, presented at conferences and other meetings, networked, collaborated, and led several efforts across Nebraska.
Download the 2017 Rural Enterprise Reporter as a .pdf below.
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