Abstract
Many states across the United States have significant rural populations, which typically face different sets of challenges than those closer to urban populations. This is particularly evident in the different types of opportunities that small businesses face in those rural areas. In recent years, various efforts - both at a national and local level - have been taken to increase those opportunities for rural small businesses. However, those efforts have not always produced the results that are envisioned. Utilizing information about Small Business Development Center (SBDC) strategies to serve small businesses in both rural and urban areas, we highlight the efforts that work to aid rural entrepreneurs as well as those that fall short.
Highlights
Entrepreneurship and small businesses account for a significant proportion of the U.S economy comprising 99% of U.S firms (Small Business Trends, 2021)
In the Rural Development Guidelines section, 8.2.14, it states that “Small Business Development Center (SBDC) Applicants must make a full range of business development and technical assistance services available to small businesses located in rural areas
As the workforces in rural areas across the country become even more depleted, and small businesses struggle to have access to other important resources, it is extremely important that entities such as the SBA, United States Department of Agriculture (USDA), and SBDCs continue to reach out and assist rural entrepreneurs
Summary
Many states across the United States have significant rural populations, which typically face different sets of challenges than those closer to urban populations. This is evident in the different types of opportunities that small businesses face in those rural areas. Various efforts - both at a national and local level - have been taken to increase those opportunities for rural small businesses. Those efforts have not always produced the results that are envisioned. Utilizing information about Small Business Development Center (SBDC) strategies to serve small businesses in both rural and urban areas, we highlight the efforts that work to aid rural entrepreneurs as well as those that fall short
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