Maharishi University of Management School of Business Awarded
USDA Rural Business Development Grant
Written by David Goodman
Maharishi University of Management
Maharishi University of Management (MUM) has received a USDA Rural Development Rural Business Development Grant (RBDG) for $46,510.00. This program is designed to support targeted technical assistance, training, and other activities leading to the development or expansion of small and emerging private businesses in rural areas.
This technical assistance project officially started on September 1, 2017. It will focus on education, training and mentoring of entrepreneurs and small businesses in the City of Fairfield and Jefferson County, Iowa. There will be 15 one-hour seminars and 20 important topics in four-hour workshops taught by MUM faculty members and invited guests.
These education and training programs will be open to the general citizenry and will be publicized through emails, advertisements, and posters.
The topics to be chosen for the education and training will assist in further:
- Enhancing the abilities of entrepreneurs to formulate successful business proposals; and
- Improving the abilities of small businesses to conduct their business successfully.
In the first month of the project, area entrepreneurs and small businesses will be surveyed to determine the 15 topics of one-hour seminars and the 20 topics of four-hour workshops.
The economic development result will be the creation and retention of jobs in the City of Fairfield and, more broadly, Jefferson County.
This grant will be administered by David Goodman and Maharishi University of Management School of Business. Partners include the Fairfield Economic Development Association, Fairfield Area Chamber of Commerce, the Fairfield Co Lab, SCORE, Fairfield Entrepreneur Association, Pathfinder’s RC & D and others.