Across rural America, small businesses are the heart of main street. From local coffee shops to the hardware store, these businesses employ local residents, provide important services to the community, and serve as anchors for their local economies. With the Consolidated Appropriations Act of 2019 passed on Feb. 15, Congress has made an investment in rural small entrepreneurs nationwide.
The Rural Microentrepreneur Assistance Program is a federal program that provides grants to organizations so they can provide lending and technical assistance to rural small businesses. This program fills a gap where otherwise rural entrepreneurs often struggle to access these crucial services and capital.