Building prosperity in rural Minnesota

Sunday, July 15, 2007

Here's a good editorial from Minnesota that highlights the importance of developing new, entrepreneurial strategies for rural areas.

Like a number of other states, Minnesota has sought to revive its rural communities with incentives to relocate jobs. An offshoot of the policy of urban enterprise zones enacted twenty years ago, these zones presume that location decisions can be influenced meaningfully by state tax policy. (Prevailing evidence says they can't.)

A new report from Minnesota 2020 outlines a new strategy to help small firms. You can download a copy from this page.

One interesting idea: an Extension Service for small businesses in rural counties. Young professionals would provide coaching to prospective entrepreneurs. Read more.

posted by Ed Morrison |

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