Last week, one of President Obama's stops during his economic bus tour was a Rural Economic Forum in Peosta, Iowa, held in conjunction with the White House Rural Council. Along with members of his Cabinet, the President met with a diverse group of local business leaders, farmers, private sector leaders and rural organizations. During the forum, the President walked through his new jobs initiative for rural America, which includes committing up to $350 million in SBA growth capital to investors in rural small businesses over the next 5 years, launching a series of events to connect private equity and venture capital investors with rural start ups and creating teams to link federal funding opportunities with private investors interested in making rural investments.
As the President said in his closing remarks, our job “has to be to get behind what you’re doing; our task has to be making sure that nothing stands in your way, that we remove any obstacles to your success.” Listening to those remarks were a few area business leaders who are succeeding in their communities, creating jobs and growing their companies.
Fonte: White House