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$295,927 Grant to Georgia Southern could help owners of rural businesses

Georgia Southern University’s Bureau of Business Research and Economic Development (BBRED) has been awarded a $295,927 grant by the North American Development Bank (NADBank) to expand Georgia’s Enterprise Network for Innovation and Entrepreneurship (GENIE) project.

GENIE will extend services of the Georgia Southern city campus and assist entrepreneurs and small business owners in Jeff Davis, Jefferson, Lincoln, Telfair and Wilkes counties, all of which are defined as the designated eligible areas (DEAs) for Georgia.

NADBank’s U.S. Community Adjustment and Investment Program (CAIP) was created in connection with the passage of the North American Free Trade Agreement (NAFTA) to assist new or expanding businesses in communities with significant job losses due to changes in trade patterns. The five designated counties will receive the guidance and support they need to create new businesses, grow existing businesses and create a climate that leads to more jobs for area residents.

“We are building the city campus to become a vital part of the state’s entrepreneurial economy,” said Dominique Halaby, BBRED director. “Through GENIE, we will be able to provide much needed planning assistance and guidance to some of the most economically challenged communities.”

http://beta.effinghamherald.net/section/22/article/22110/

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