Rural areas need more jobs, and a program in Iowa is showing signs it can help answer that problem. Renew Rural Iowa, a $3 million project of the Iowa Farm Bureau Federation, set out to "to find, mentor and fund job-creating businesses in rural Iowa," and after year it is drawing additional investors, reports Peter Shinn of Brownfield Network.
The initial $3 million has grown to a total of $22.5 million in funding, thanks to contributions of other companies. That money will be used to invest in 20 businesses that Renew Rural Iowa believes will create more jobs for rural Iowans. The project is a three-year initiative, but its directors told Shinn they are hopeful the project will be extended even longer. (Read more)
To find out more about Renew Rural Iowa, go here.
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