http://www.rurdev.usda.gov/oh/busdevel.htm The US Department of Agriculture, through its Rural Development offices in the states, offers loans and loan guarantees to businesses being established in rural areas and cities with fewer than 50,000 population. The Rural Development programs include: "Rural Business Enterprise Grants," which provide resources utilized to develop small and emerging business enterprises in rural areas or cities up to 50,000 population. Qualifying entities include public bodies and nonprofit corporations. Grants are used by third party lenders to create revolving business loan funds. Funds can also be used to install infrastructure to business locations and house business incubators. This sounds and probably is cumbersome, but Rural Development should not be dismissed out-of-hand when people in rural areas are trying to establish a new business.
For List of Field offices, click: http://www.rurdev.usda.gov/oh/do-list.htm
Contact: James Cogan, Director of Business and Cooperative Programs, 614-255-2420; E-mail: Jim.Cogan@oh.usda.gov
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