Bringing Microfinance to Southeast Missouri and the Delta

 

WHAT: Delta Regional Authority announcement of ACCION Delta, a new partnership for microenterprise financing to serve southeast Missouri and the eight-state Delta region. WHO:

  • Kenneth W. Dobbins, president of Southeast Missouri State University
  • Chris Masingill, federal co-chair of the Delta Regional Authority
  • Janie Barrera, president and chief executive officer, ACCION Texas, Inc.
  • Dr. James Stapleton, executive director, Douglas C. Greene Center for Innovation and Entrepreneurship

WHEN: 7:30 a.m. Friday, Aug. 5 WHERE:

Show Me Center meeting rooms 1333 North Sprigg St. Cape Girardeau, Mo.

BACKGROUND:

This announcement follows collaboration between the University and the Delta Regional Authority to develop a network of Operation JumpStart training programs throughout the eight states in the lower Mississippi Delta region to accelerate entrepreneurship and small business development. Operation JumpStart is the Center for Innovation and Entrepreneurship’s nationally recognized entrepreneurship development program that has led to the creation of over 250 microenterprises in southeast Missouri. This announcement is being made during the Cape Chamber of Commerce’s First Friday Coffee.

About ACCION

ACCION Texas, Inc., the nation’s largest nonprofit microlender, is committed to providing capital to entrepreneurs who do not have access to loans from commercial sources. ACCION’s loans range from $500-$100,000. Since inception, ACCION has made 12,000 loans to entrepreneurs totaling $112 million. For more information, visit: www.acciontexas.org. To schedule an interview with ACCION President and CEO Janie Barrera, contact Veronica Flores-Paniagua at (210) 531-5536.

About the Delta Regional Authority

The Delta Regional Authority (DRA) is a federal-state partnership that serves 252 counties and parishes in parts of Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri and Tennessee. Chris Masingill, appointed by President Obama to be the DRA’s federal co-chairman, along with the governors of the eight states, comprise the Authority’s board. For more information, visit: www.dra.gov.

About Southeast and the Douglas C. Greene Center for Innovation and Entrepreneurship

The Douglas C. Greene Center for Innovation and Entrepreneurship (CIE) at Southeast Missouri State University is one of the most comprehensive entrepreneurship-focused university centers in the Midwest, offering a wide array of academic and outreach programs and services, including: innovation development and research; entrepreneurship education, training and mentorship; and business incubation and development services. The CIE supports Southeast Missouri State University’s strategic priority to advance the region’s economic appeal and strength by accelerating local and regional economic growth and development that improves the quality of lives, communities and businesses in southeast Missouri and the surrounding region. For more information, visit: www.semo.edu/cie.