Center on Rural Innovation: Rural Communities Unlocking Millions to Support Tech Innovation and Entrepreneurship Through Federal Grant Program

EXCERPT: “Increasingly, rural communities are realizing the transformational impact the tech economy can have for them. And local leaders in rural places are putting their efforts and resources into economic development programs that can create tech opportunities and entrepreneurship where they live. The U.S. Economic Development Administration’s most recent cohort of Build to Scale (B2S) grant recipients, announced earlier this month, is proof. Small towns and cities around the country that have unlocked millions of dollars to support innovation and entrepreneurship. The Center on Rural Innovation (CORI) helped seven rural communities secure more than $12.8 million to accelerate innovation and tech-based entrepreneurship . . . In Red Wing, Minnesota, a prior EDA grant allowed Red Wing Ignite to establish entrepreneurial support services for the surrounding region, and a larger scale award of $4 million this year will allow the organization to expand programming access for rural and diverse founders.” FULL STORY: