News Date: 08/16/2011
At a White House Rural Economic Forum held in Minnesota today, President Obama announced new jobs initiatives recommended by the White House Rural Council for growing the economy and creating jobs in rural America. Special focus is given to helping rural small businesses access capital, expanding rural job search and training services, and increasing rural health care workers and technology.
The Small Business Administration (SBA) plans to double the capital it provides to rural small businesses, reaching $350 million in the next five years. Other joint initiatives by the SBA and the U.S. Department of Agriculture include launching a series of conferences to connect investors with rural start-ups, making job search information available at 2,800 local USDA offices nationwide, making Health and Human Services (HHS) loans available to help Critical Access Hospitals in rural areas and helping rural hospitals enhance their software and hardware to implement health IT.
The announcement of these initiatives follows the White House Rural Council's release of their report, titled "Jobs and Economic Security for Rural America." (Contact: Farm Policy Staff)
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