RENO, Nev., Nov. 20, 2023 – U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small announced today that USDA is strengthening its longstanding partnership with the Small Business Administration (SBA) to create jobs and expand access to new and better market opportunities for people in rural America.
“The Biden Harris Administration is committed to a whole-of-government approach to rebuild the economy for the American people from the bottom up and middle out, especially in the nation’s most underserved and rural communities,” Torres Small said. “At USDA, we are redoubling our commitment to drive economic security and prosperity for people in rural America, so they can find opportunities to succeed right in the places they call home. Strengthening our collaboration with the SBA helps us expand these opportunities for people to build brighter futures for generations to come.”
“Rural small businesses strengthen local economies - creating jobs and serving communities,” SBA Administrator Isabel Casillas Guzman said. “SBA’s partnership with USDA will build upon the Biden-Harris Administration’s commitment to investing in underserved rural Americans and providing the needed resources to help them start and grow their businesses to advance our economy and global competitiveness.”
USDA Rural Development State Director Patricia Dominguez added, “This agreement will make our partnership with the Small Business Administration (SBA) even stronger which is great news for New Mexico. We will be creating more jobs and access to new and better market opportunities for people in rural communities.”
Through a memorandum of understanding (MOU) signed today, USDA and SBA are committing to increase investments in small and underserved communities to help grow the rural economy and create good-paying jobs for people nationwide.
The agencies are also committing to expand opportunities for rural technical assistance providers, entrepreneurs, cooperatives, and small business owners. They will also provide resources to help rural businesses compete in both domestic and international markets.
As part of the MOU, the agencies may work together to:
- Provide joint trainings, technical assistance and mentorship opportunities for rural small business owners and entrepreneurs.
- Help agricultural producers and small businesses identify ways to export their products around the world.
- Expand collaboration between USDA’s Rural Partners Network and SBA’s Resource Partners Network.
- Cross-promote programs that support rural businesses and socially disadvantaged communities, and more.
For more information, see the full MOU.
USDA touches the lives of all Americans each day in so many positive ways. In the Biden-Harris Administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate-smart food and forestry practices, making historic investments in infrastructure and clean-energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.
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