Stay Connected    Become a fan on Facebook Follow us on Twitter Watch USDA videos on YouTube Subscribe to receive e-mail updates View USDA Photos on Flickr Subscribe to RSS Feeds

Posts tagged: SBA

Creative Financing Roundtable Hosted by Vermont USDA Staff

Last week, Molly Lambert, State Director of the Vermont Rural Development State Office, (RD) joined me in hosting the state’s first “Intermediary Relending Program and Creative Financing Roundtable.”  Meeting participants, including leaders from Vermont’s economic and community development centers, met at the Vermont Economic Development Authority office located in Montpelier, Vermont.

The purpose of the meeting was to explore ways to promote the distribution of more than $5 million in funds to Vermont’s rural small business entrepreneurs using the U.S. Department of Agriculture’s (USDA) Intermediary Relending Program (IRP).  These enthusiastic participants, who have keen insight into the state’s industries and barriers to capital, learned that working collaboratively will benefit all Vermont communities.

During the opening part of the meeting, staff from the Vermont USDA State Office gave the state’s Intermediary Relending providers updates on the administration of IRP loans.  The session then moved to a discussion of trends, observations, and economic opportunities for the small businesses in their respective areas. Read more »

From Futile to Fertile: Midwest Farmers, Federal Partners Address Drought

Farmer Doug Goyings examines the drought-damaged corn on his farm in Paulding County, OH on Tuesday, July 17, 2012. USDA photo by Christina Reed.

Farmer Doug Goyings examines the drought-damaged corn on his farm in Paulding County, OH on Tuesday, July 17, 2012. USDA photo by Christina Reed.

The 2012 drought dried up more than just crops. For many U.S. farmers, it also dried up savings, material resources, and perhaps saddest of all, hope.

“The drought of course impacted our crop yields tremendously,” said veteran Ohio dairy farmer Leon Weaver. “Corn yields were about 50 percent of normal. Dairymen are exiting this business in droves.”

But for Weaver and nearly one hundred other Ohio, Michigan and Indiana farmers who gathered recently in rural Henry County, Ohio, hope was a commodity worth trading as they shared, in roundtable fashion, their ideas on how to access resources and rise from the dust. Read more »

New York USDA Staff Steps Forward to Help Hurricane Sandy Victims

It will take months for New York to recover from the impact of Hurricane Sandy. (photo credit: W.M. Shelley).

It will take months for New York to recover from the impact of Hurricane Sandy. (photo credit: W.M. Shelley).

When the state first heard the news about a storm possibly hitting the East Coast, many people in New York did not know what to expect. Would it make landfall before New York? Would it take a turn and dissipate over the Atlantic Ocean? Forecasters had predicted that the storm would deliver “severe winds, rain and even the potential of life-threatening flooding throughout the Eastern seaboard.” As New York City began widespread evacuations and shuttered the City’s transit system, the state collectively held its breath. Read more »

USDA Urges Holiday Shoppers to Sample Local Businesses

The Reading Terminal Market offers produce fresh from the field to the people of Philadelphia, PA.

The Reading Terminal Market offers produce fresh from the field to the people of Philadelphia, PA.

Saturday, November 24, 2012 is Small Business Saturday.  The U.S. Department of Agriculture (USDA) Rural Development, in partnership with the White House and the Small Business Administration, proudly supports this important effort by asking everyone to shop at small businesses whenever possible.  Presently, there are 28 million small businesses throughout the United States, representing 44 percent of U.S. private sector payroll.  These small businesses also create 2 out of every 3 new American jobs. Read more »

In New Jersey, Neighbors Helping Neighbors Recover from Hurricane Sandy

U.S. Forest Service employee Jordon Sanders from Harlan, IA., waits for military aircraft to drop off more supplies in response to Hurricane Sandy at the Republic Airport in Farmingdale, NY, on Thursday, Nov 1, 2012. USDA photo by Dave Kosling.

U.S. Forest Service employee Jordon Sanders from Harlan, IA., waits for military aircraft to drop off more supplies in response to Hurricane Sandy at the Republic Airport in Farmingdale, NY, on Thursday, Nov 1, 2012. USDA photo by Dave Kosling.

When Hurricane Sandy was forecast to hit the east coast a little more than two weeks ago, no one would have imagined all the devastation and destruction the storm would leave behind.  In days leading up to the mandatory evacuation of our coastal areas, many residents wondered if this would be a false alarm similar to last years’ evacuation, when Hurricane Irene came barreling through many of our towns.  Although Irene caused considerable power outages, flooding and wind damage up and down the Garden State, nothing can compare to Sandy. Read more »

Agriculture Secretary Vilsack in Omaha to Kick Off Regional Drought Workshops

Agriculture Secretary Tom Vilsack speaks at the opening session of a Federal Drought Workshop in Omaha, NE on Tuesday, Oct. 9, 2012. This was the first of four regional workshops to outline resources available to assist with drought recovery effort.

Agriculture Secretary Tom Vilsack speaks at the opening session of a Federal Drought Workshop in Omaha, NE on Tuesday, Oct. 9, 2012. This was the first of four regional workshops to outline resources available to assist with drought recovery effort.

Agriculture Secretary Tom Vilsack participated in the kickoff of four regional workshops on drought recovery, the first of which was held Tuesday in Omaha, Nebraska.  More than 200 people gathered in Omaha to discuss ways to access existing resources and to offer ideas on new efforts to assist those impacted by drought. Read more »