Two Black Hills community organizations will receive federal funds to help create jobs.
The money is through the Agriculture Department's rural development programs that recently provided $22.1 million in 37 states and two territories.
Local recipients include:
* West River Foundation of Rapid City. The $750,000 in Intermediary Relending Program Loan funds is to help establish revolving loan funds for new businesses or expansion projects.
* Edgemont Area Chamber of Commerce. The $36,900 Rural Business Enterprise Grant is for technical assistance to save, expand and generate new businesses.
Posted in Local on Friday, September 12, 2008 11:00 pm | Tags: Journal, Rapid_city, Edgemont, Rural_development, Business
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