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Obama Administration Announces $15 Million Multi-Agency Challenge To Foster Job Creation and Business Innovation in Rural Communities Nationwide

March 8, 2012 /

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13 Federal agencies leverage resources to strengthen regional industry clusters and advance rural economies

The Obama Administration today announced a $15 million multi-agency Rural Jobs and Innovation Accelerator challenge to spur job creation and economic growth in distressed rural communities. This competition, which is being funded by the U.S. Department of Commerce’s Economic Development Administration (EDA), the U.S. Department of Agriculture (USDA), the Delta Regional Authority (DRA), and the Appalachian Regional Commission (ARC), was designed by the Taskforce for the Advancement of Regional Innovation Clusters and the White House Rural Council.

Full Story: http://www.commerce.gov/news/press-releases/2012/03/08/obama-administration-announces-15-million-multi-agency-challenge-fost