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Maryland Rural Enterprise Development Center

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Comprehensive Launch Pad for Rural and Community Business Development Ginger S. Myers University of Maryland Extension Director, MREDC gsmyers_at_umd.edu – PowerPoint PPT presentation

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Title: Maryland Rural Enterprise Development Center


1
Maryland Rural Enterprise Development Center
  • Comprehensive Launch Pad for Rural and Community
    Business Development

Ginger S. Myers University of Maryland
Extension Director, MREDC gsmyers_at_umd.edu
2
The College of Agriculture and Natural Resources
Community Resources and Economic Development
Initiative-Virtual Center growing from
Stakeholders
Web
Community
Access to Expertise
3
Purpose Platform
  • What is the purpose?
  • To increase rural prosperity while contributing
    positively to developing and sustaining
    Marylands rural communities.
  • Delivery Platform- Participatory
  • ? 24/7 web portal is a one-stop-shop for the
    latest, most successful business development
    innovations and support.
  • ? First agricultural site in the State totally
    dedicated to agricultural and natural resource
    business development .

4
Its Not our Fathers Farming Community Anymore
Farming no longer dominates the Rural Economy.
In 2000, of the more than 2000 non-metropolitan
counties, only 420 (1 in 5) were farming
dependent. ERS defines farming dependent as
receiving 15 or more of earnings or employment
from farming.
Maryland has no farming-dependent counties
according to this definition.
5
Its not our Fathers Rural Economic Development
Strategies
  • The traditional rural economic development tools
    of available land and cheap labor no longer
    apply.
  • We must retain our rural human resources by
    developing profitable and community-centric
    businesses.
  • More and more people first identify where they
    want to live and then consider their livelihood.

6
Jobs Profitability
  • 44 percent of new jobs in the U.S. are generated
    by startup firms with only a few employees. 
  • We are moving into an entrepreneurial age.  If
    current trends continue it has been estimated
    that one out of every four rural citizens will be
    self-employed by 2015. Small Business
    Administration

7
Original Topics
Added Since Launch
  • Business development
  • Entrepreneurship
  • Legacy planning
  • Access to expertise
  • New next generation farmer programs
  • Comprehensive Food Processing Section
  • Expanded Distance Learning Modules
  • Maryland Business Resources Site Map
  • Links to Resources

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Key Search Words- December 2009

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Other phrases
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Expanding Collaborative Network
STEM / STEAM
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