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Samples in periodicals archive:
All early-stage funds present advocated for support of the agency's Rural Business Investment Program, an initiative funded in the 2002 Farm Bill as a partnership between USDA and the Small Business Administration, which licensed only Meritus Ventures (an early-stage Kentucky fund) before program funding was withdrawn in 2005.
For this initiative, Congress also authorized USDA and SBA to administer the Rural Business Investment Program to create these investment companies.
announced today that it has received final approval from the United States Department of Agriculture (USDA) and the United States Small Business Administration (SBA) as a Rural Business Investment Company (RBIC) under USDA's Rural Business Investment Program (RBIP).
He urged that USDA's Value-Added Producer Grant program be funded at no less than $40 million, and called for Congress to "expedite the implementation" of the Rural Business Investment Program (RBIP).
Caspary called on the USDA to publish regulations on the Rural Business Investment Program (RBIC) and reduce the amounts of capitalization required for small RBICs to obtain benefits under the program.