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Tennessee State University Nashville, Tennessee 37208

USDA RURAL DEVELOPMENT TSU PROGRAM OVERVIEW Annual 1890 Partner Meeting Baton Rouge, LA June 25 – 26, 2007. Tennessee State University Nashville, Tennessee 37208. INTRODUCTION. Theme “Catch the Entrepreneurial Spirit ” History Purpose

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Tennessee State University Nashville, Tennessee 37208

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  1. USDA RURAL DEVELOPMENTTSU PROGRAM OVERVIEW Annual 1890 Partner Meeting Baton Rouge, LA June 25 – 26, 2007 Tennessee State University Nashville, Tennessee 37208

  2. INTRODUCTION • Theme • “Catch the Entrepreneurial Spirit” • History • Purpose • Improve the quality of life in rural communities through promotion of self employment

  3. Main Objectives • Assess needs of communities • Provide services to clients • Assist individuals in living the American Dream of business ownership by providing training and assistance in • Provide education and training through BISNET

  4. TYPES OF SERVICES • One-on-one technical assistance • Workshops, seminars, and short courses

  5. AREAS OF SERVICE • Idea Creation • Accounting • Business Plan • Business Structure and Filings • Financing • Management • Taxes • Other Business Topics

  6. OUTCOMES • Self sufficiency through business ownership • Better informed communities • Reduction of business failure through immediate assistance • Career alternatives

  7. OUTREACH CHALLENGES • Numerous business needs of clients • Development of new

  8. COORDINATION WITH USDA STATE OFFICE • Greatest asset is assistance and support from State office • Provide contact with underserved areas • Providing support of seminars, workshops and other training and assistance

  9. PARTNERS • TSU, Massie Chair of Excellence • TSU, College of Business • TSU, Department of Agricultural Sciences • TSU, Small Business Development Center • TSU, Haywood County Extension • TSU, Hardeman County Extension • TSU, Dyer County Extension • North Mississippi Center for Higher Educational Advancement

  10. SELECTED PARTNER PROGRAMS Massie Chair of Excellence • Provide business and computer assistance and training in Mississippi Delta Region, Georgia and Tennessee TSU Small Business Development Center • Provide comprehensive assistance in all areas of business development in Tennessee NMCHEA • Provides entrepreneurial training and assistance in Mississippi

  11. SUCCESS STORY Outline of Need: • assistance in preparing to purchase a Subway How Rural Development Helped: • Obtaining financing, completing filings for incorporation, setting up an accounting system, and consultation The Results: • Purchase of Subway • Owner operated most successful Subway in Mississippi

  12. SUBWAY

  13. TENNESSEE STATE UNIVERSITY WEB SITE Tennessee State University is honored to be collectively involved with establishing the Business Information System Network (BISNet. http://bisnet.sus.edu/tennessee/tennessee.htm

  14. SUMMARY • Continue to improve services to rural communities • New frontier – business clinics in more locations

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