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Nevada

Rural Business Enterprise Grant:

Outline of Need:
To assist business entrepreneurs in rural Nevada and to continue supporting three rural business development counselors whose service territory covers eight of Nevada’s 17 counties covering over 50,000 square miles.

How Rural Development Helped:
The Nevada Small Business Development Center (NSBDC) requested funding in the amount of $90,090 from the Rural Business Enterprise Grant (RBEG) program.

The Results:
Clients assisted by the NSBDC and its rural business counselors increased from 38 in 2001 to 173 in 2003, an increase in assistance by over 350 percent. A partner of the NSBDC, the Rural Nevada Development Corporation in the form of Intermediary Re-lending Program (IRP) funding also provides business financing in the rural areas.