By the My MBA Career Content Team � Find Top MBA Degree Programs The United States Department of Agriculture (USDA) has made $2 million dollars in loans available to MBAs, entrepreneurs and other small businessmen and women.
Working with the USDA, the Vermont Economic Development Authority (VEDA) has $1.5 million in financing to offer entrepreneurs through the Vermont Small Business Development Corporation and Vermont 504 Corporation. The Vermont Community Loan Fund (VCLF) has the remaining $500,000. All this money will be used to stimulate economic activity.
"Both VEDA and VCLF have a long history with USDA Rural Development, as award recipients and partners," said a state director named Rhonda Shippee. "I am pleased these organizations have been selected to receive funding that will continue their work to increase economic growth throughout Vermont."
One of the USDA's objectives is to help small businesses in rural communities.
If you have always wanted to own your own company, but don't have any formal business training, consider enrolling in an MBA programMBA degree could give you the skills you need to take advantage of small business opportunities such as those the USDA wants to support. today. An