Federal Award Boosts Southeast’s Entrepreneurial Training, Business Development

Southeast Missouri State University has been awarded $198,987 from the U.S. Economic Development Administration’s (EDA) 2017 University Center Economic Development Program Competition for economic and entrepreneurial development.

This EDA investment funds the fifth year of a five-year program that leverages University assets to promote American innovation and strengthen regional economies. In 2013, Southeast was among eight recipients in the Denver region, and the overall award is projected at $994,935 with funds being awarded annually.

The funding will provide entrepreneurial training and business development assistance, help rural regions develop strategies for improving access to capital, promote innovation in agriculture and other industries, and provide data tools and analytics to our regional planning commission partners.

“This federal investment in rural Missouri allows additional opportunities for Southeast to be an economic resource to the region,” said Crystal Jones, director of the Economic and Business Engagement Center. “It is our goal to engage regional partners and businesses to facilitate the creation and retention of jobs, provide workforce initiatives that support industry needs, and promote positive social and economic change.”

The EDA’s University Center program is a competitively-based partnership between EDA and academic institutions that makes the varied and vast resources of universities available to the economic development practitioner community.

For more information about Southeast’s Economic and Business Engagement Center, visit http://www.semo.edu/engage/.