Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Trump Administration Invests $904,889 in Rural Business Development Grants in Rural Oklahoma

Mon, 05 Oct 2020 09:19:51 CDT

Trump Administration Invests $904,889 in Rural Business Development Grants in Rural Oklahoma The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $904,889 in grant funds to eight entities to assist in rural business development and job creation in rural Oklahoma.

“This funding is important to our small businesses in rural Oklahoma. Through this program businesses will now have access to training and technical assistance, business incubators, or new equipment. This investment is not only saving jobs, it is creating jobs in our rural Oklahoma communities,” said Dr. Lee Denney USDA Rural Development Oklahoma State Director. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has been working tirelessly to be a strong partner to rural Oklahoma in building stronger and healthier communities, because we know when rural America thrives, all of America thrives.”

The ten projects being funded through the Rural Business Development Grant Program in rural Oklahoma include:

• Peoria Tribe of Indians of Oklahoma will use $46,431 to provide technical assistance and contract a third party to complete a business plan for the Woodland Academy Learning Center in Miami, Okla.
• City of Comanche will use $46,000 to purchase and convert an abandoned gas station into a small business incubator. A coffee and donut shop will utilize the space.
• City of Comanche will use $100,000 to purchase and renovate an abandoned motel property to create a public market to host up to 40 vendors.
• Duncan Area Economic Development Foundation will use $99,425 to purchase equipment to lease to Kochendorfer Craft Brewing Company to pivot production to hand sanitizer during the pandemic.
• Rural Enterprises, Inc. will use $69,900 to purchase 30 laptops to lease to the Women’s Business Center. They will provide hands-on software training to small businesses in rural communities.
• Southwest Intermediary Finance Team, Inc. will use $99,000 to purchase optometry equipment to lease to the Shortgrass Community Health Center in Hollis, Okla.
• Southwest Intermediary Finance Team, Inc. will use $123,028 to establish a revolving loan fund to assist businesses in Caddo County, Okla.
• Enid Regional Development Alliance, Inc. will use $98,216 to purchase grain bagging equipment to lease to Enterprise Grain in Kremlin, Okla.
• Modoc Tribe of Oklahoma will use $198,924 to assist Symbiotic Aquaponic, a Native-owned small business, to upgrade and expand their existing system. They grow USDA certified organic fruits and vegetables.
• Cherokee Nation will use $23,965 to assist the Cherokee Nation Small Business Assistant Center to expand its entrepreneurial and small business training to tribal members across a ten-county area.

USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.



WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Over $750K Allocated to Secure Land Tenure for a New Generation of Farmers and Ranchers   Thu, 22 Oct 2020 09:32:55 CDT
  • Ryder Klaassen of Hydro-Eakly FFA Named Grand Champion at 2020 Oklahoma Junior Wheat Show-- Logan Chance named 4-H Champion  Thu, 22 Oct 2020 09:26:33 CDT
  • National FFA Convention Kicks Off Virtually Tuesday October 27th  Thu, 22 Oct 2020 09:07:48 CDT
  • Dismal Wheat Pasture Prospects Weighing on The Feeder Cattle Market, Says OSU's Derrell Peel  Thu, 22 Oct 2020 08:25:12 CDT
  • Thursday Preopening Market Update with Dave Lanning  Thu, 22 Oct 2020 07:27:13 CDT
  • Feeder Steers Lower, Feeder Heifers Lower, Steer Calves Lower, Heifer Calves Lower at OKC West - El Reno  Thu, 22 Oct 2020 05:29:11 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m Wednesday, October 21  Wed, 21 Oct 2020 15:57:26 CDT
  • Wednesday, October 21, 2020 Market Wrap-Up with Justin Lewis  Wed, 21 Oct 2020 14:58:12 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!


    Search OklahomaFarmReport.com

    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.