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ERIC Number: EJ1118291
Record Type: Journal
Publication Date: 2016-Oct
Pages: 4
Abstractor: As Provided
ISSN: EISSN-1077-5315
Locally Sourced Capital for Small Businesses in Rural Communities
Tampien, Jordan
Journal of Extension, v54 n5 Article 5IAW1 Oct 2016
Lack of adequate access to capital is a major barrier for rural entrepreneurs. Washington State University Extension and the Association of Washington Cities partnered to explore and test an innovative local investment approach that provides access to capital and engages the community in the success of individual businesses. The approach offers local residents the opportunity to invest in local businesses and entrepreneurs the opportunity to find funding through an alternative method. The pilot project engaged more than 26 investors in two communities and led to investment in multiple businesses.
Extension Journal, Inc. e-mail:; Web site:
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Washington
Grant or Contract Numbers: N/A