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Rural towns try business incubators

July 18, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Business incubators in rural areas may lack the infrastructure advantages of larger communities, but their objective is the same: to create new businesses that stick.

“In a rural area, such as we are, we know our best potential for business growth is through individual entrepreneurs,” said Sue Taylor, executive director of Lovell Inc., a local community development group. “The chances of getting somebody to move here are not the greatest. But we know we can grow our own.”

To that end, a small business incubator is taking root in Lovell, a Big Horn Basin community of about 2,350 people. The incubator will provide assistance to local entrepreneurs.

TOM MAST Casper Star-Tribune

Full Story: http://billingsgazette.com/news/state-and-regional/wyoming/article_91cf7bbe-921e-11df-9497-001cc4c03286.html

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