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Obama Administration Announces $9 Million Investment in Rural Communities to Foster Job Creation and Innovation
Winners of the Rural Jobs and Innovation Accelerator Challenge Will Strengthen Regional Industry Clusters and Rural Economies Across 12 States
The Obama Administration today announced the winners of the multi-agency Rural Jobs and Innovation Accelerator Challenge to spur job creation and economic growth in rural regions across the country.
Economic development partnerships and initiatives in Alaska, Arkansas, Connecticut, Illinois, Kansas, Louisiana, Mississippi, New Hampshire, North Carolina, South Carolina, Virginia and West Virginia will receive awards ranging from nearly $200,000 to over $1 million from 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). The winning projects will promote job creation, accelerate innovation and provide assistance to entrepreneurs and businesses in a wide range of industrial sectors, including advanced manufacturing, agribusiness, energy and natural resources, technology and tourism.
Read the full release and learn more about the program online.