USDA will accept applications for the Business and Industry Guaranteed Loan program until September 15, 2010, or until all funds are expended. Recovery Act funding will be available through September 30, 2010.
Funding is made available through the USDA Rural Development Business and Industry Guaranteed Loan program. Eligible applicants include cooperative organizations, corporations, partnerships, nonprofit groups, federally recognized Indian tribes, public bodies and individuals. The funds will be targeted at creating and retaining jobs and serving difficult to reach populations and areas hardest hit by the current economic downturn. Loans may by used for, but not limited to, the following:
Business and industry aquisitions when the loan will keep businesses from closing, prevent loss of employment opportunities or provide expanded job opportunities.
Business conversion, expansion, repair, modernization or development.
Purchase and development of land, easements, rights-of-way, buildings or facilities.
Purchase of equipment, leasehold improvements, machinery, supplies or inventory.
For more information on eligibility criteria and application assistance, contact your state Rural Development office or visit www.rurdev.usda.gov
DIRECTOR’S NOTICES
August 3rd, 2009DIRECTOR’S NOTICES:
Welcome to Director’s Notices. My name is Steve Spaw. It is my privilege to serve as Executive Director for Sierra County Economic Development Organization ( SCEDO ). I have nearly 20 years experience in international hotel and resort development and operational management. I have a B.S. from Arizona State University and an M.L.A. from Texas A&M University. In hospitality, the goal is always customer satisfaction. Sierra County has the same goal. Whether you seek quality of life relocation or exceptional business development opportunities, this is the place to be. Our goal at SCEDO is to assist you with your quality of life and business goals. Sierra County is one of the most naturally beautiful and economically promising locations in the country. I invite you to discover Sierra County through the links provided in our website, or better yet, come see for yourself how much we have to offer.
The DIRECTOR’S NOTICES link provides our web visitors with the most current economic development news as well as the latest grant and incentive opportunities for businesses considering start-up, expansion or relocation. Please review our newsletter and articles and contact us for any additional information you may desire. Be sure to visit the ‘NEW BUSINESS OPPORTUNITIES’ link to see what outside businesses are seeking in order to locate to Sierra County. Thank you for visiting the SCEDO web site and please let us hear your comments and ideas.
Best Regards,
Steven M. Spaw, B.S., M.L.A.
SCEDO Executive Director
Posted in Executive Director's Comments | Comments Off