Government Round-Up

USDA Announces $150 Million Investment Fund to Grow Small Businesses, Create Jobs in Rural America CEDAR RAPIDS, IA, April 21, 2014 – As part of the “Made in Rural America” export and investment initiative, Agriculture Secretary Tom Vilsack announced the creation of a new investment fund to help the growth of small businesses across rural America. The new Rural Business Investment Company (RBIC) will allow USDA to assist small cutting-edge businesses who also need equity support in addition to or instead of borrowed funds. Advantage Capital Partners, which will manage the new fund, and their partners from eight Farm Credit institutions have pledged to invest nearly $150 million into the new effort. “This new fund will allow innovative small businesses throughout rural America to access the capital they need to grow and create jobs,” Vilsack said. On Earth Day, U.S. Forest Service Seeks Applications for Wood to Energy Projects...

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