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September 4, 2014

Rural Entrepreneurship Challenge Deadline Fast Approaching

For more information on Newsline, contact: Kari Barbic, Media Specialist, American Farm Bureau Federation, karib@fb.org.

 
Rural entrepreneurs have a few days left to sign up for the American Farm Bureau’s Rural Entrepreneurship Challenge. The first-of-its-kind challenge gives individuals the opportunity to showcase business ideas with the winner receiving $30,000 to carry out an innovative plan in rural America. Micheal Clements has the story.
ClementsThe September 15th deadline is fast approaching for the Rural Entrepreneurship Challenge. Farm Bureau Rural Development Director Lisa Benson says the American Farm Bureau is excited for the inaugural challenge that gives you the chance to make your small business dreams come true.
BensonThe challenge gives entrepreneurs and people interested in starting businesses an opportunity to really pitch their ideas. If you can think of it and you can pitch it and you can sell your idea, we’re hoping that you can put that idea before judges and get funding to actually try your idea out in the field. The winner will be named Farm Bureau’s Entrepreneur of the Year.
ClementsThe Entrepreneur of the Year receives $30,000. Three runner-up contestants will also receive a $15,000 prize in the challenge. Finalists will pitch their ideas to judges during the AFBF Annual Convention in January. Benson says this will be one of the first times people who have great business ideas in rural America can really shine.
BensonThere’s a lot of competitions that look at entrepreneurship in big cities but there’s not really any competitions that give folks in rural America an opportunity to pitch good ideas. What’s great about businesses in rural America is that those businesses can have such an impact on the community. So we’re excited to get involved and help business owners really take their businesses to the next level.
ClementsBenson calls small businesses a catalyst for rural economies.
BensonMany rural communities across the U.S. are slowly losing people. A lot of the young folks that are going through college leave their hometowns and move on and start life somewhere else. So what we’re hoping to do is that by jumpstarting these small businesses, that will draw people back to rural communities because they are really amazing places to live and we want to help people have businesses that really succeed and help them grow.
ClementsFarm Bureau is partnering with Georgetown University on the challenge. To submit your application, go online to www.strongruralamerica.com/challenge. Micheal Clements, Washington.

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