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White House Launches $15M Rural Jobs Accelerator Program
On Tuesday, President Obama announced details of a new initiative to support rural innovation. The Rural Jobs Accelerator will award $15 million for projects that promote innovation-fueled regional job creation in rural parts of the country with funding from the Department of Agriculture (USDA), the Economic Development Administration, the Delta Regional Authority and the Appalachian Regional Commission. USDA's Rural Community Development Initiative will support the program and offer technical assistance and training funds to qualified intermediary agencies. A Federal Funding Opportunity will be released in the next few weeks. Read the announcement...