Reno, NV, November 20, 2023 – U.S. Department of Agriculture (USDA) Deputy Secretary announced that it is strengthening its long-standing partnership with the Business Administration Agency (SBA).
“The Biden-Harris administration is committed to a whole-of-government approach to rebuilding the economy from the bottom up for Americans, especially in the nation's most disadvantaged and rural areas,” Torres-Small said. “At USDA, we are redoubling our commitment to promoting economic security and prosperity for rural Americans so they can find opportunities for success in the places they call home. By strengthening our collaboration with SBA, We can expand opportunities for people to build a bright future for generations to come.”
“Local small businesses strengthen local economies, create jobs, and serve their communities,” said SBA Administrator Isabel Casillas Guzman. “The partnership between the SBA and the Department of Agriculture will invest in underserved rural Americans and help them start and grow businesses and improve our nation's economy and global competitiveness. It builds on the Biden-Harris Administration's commitment to providing resources.”
Through a Memorandum of Understanding (MOU) signed today, USDA and SBA will work to support small and underserved communities in order to support local economic growth and create good-paying jobs for people across the country. We are working to increase investment in
These agencies also work to expand opportunities for local technical assistance providers, entrepreneurs, cooperatives, and small business owners. It also provides resources to help rural businesses compete in national and international markets.
As part of the MOU, the institutions will be able to collaborate to:
- Provides collaborative training, technical assistance, and mentorship opportunities for local small business owners and entrepreneurs.
- We help farmers and small businesses identify ways to export their products around the world.
- Expand collaboration between USDA's Rural Partner Network and SBA's Resource Partner Network.
- We mutually promote programs that support rural businesses and disadvantaged communities.
Please see the full memorandum for more information.
USDA touches the lives of all Americans in so many positive ways every day. In the Biden-Harris Administration, the Department of Agriculture will promote more resilient local and regional food production, fairer markets for all producers, and access to safe, healthy, and nutritious food in all communities. We are transforming America's food system, with a focus on securing food and building new markets and flows. Increase incomes for farmers and producers by using climate-smart food and forestry practices, make historic investments in rural America's infrastructure and clean energy capacity, remove systemic barriers, and make America more representative. We are committed to ensuring equity across the Department by building a workforce that is For more information, please visit www.usda.gov.
USDA is an equal opportunity provider, employer, and lender.