-- Encouraging Investment In Rural America through The GROW Initiative: John Kerry and John Edwards will create the Greater Rural Opportunity and Work (GROW) Initiative to bring venture capital and management expertise to small town America. Today, only a tiny fraction of loans and venture capital reach non- metropolitan areas. For example, only 10 percent of the money in the Treasury Department's community development fund enters rural communities. At the same time, entrepreneurs in rural America often are not given the expert start-up help that urban entrepreneurs receive. The GROW Initiative will provide strong support for rural development through several innovative efforts that help small businesses and manufacturers in small-town America.
-- Enabling Rural America To Compete With Universal High-Speed Internet: Today America has fallen to 10th in the world in broadband Internet. Many rural communities lack high-speed Internet, which is now a critical component in businesses ranging from biotechnology to sales. This means that it can be harder for a U.S. business to set up a satellite office in rural Missouri than in India. This makes no sense. High-speed Internet access is critical not only for economic development, but also for cutting-edge health and educational opportunities. Both Massachusetts and North Carolina have been leaders in extending broadband access to rural communities. Kerry and Edwards will build on these models and will ensure rural communities reap the benefits of new technologies such as high- speed Internet.
-- Investing In Energy Independence: Fueling Rural Economies: Investing in energy independence and renewable energy sources is critical to the growth of the rural economy and the security of our nation's energy supply. Instead of sending billions of dollars to unstable and often hostile regimes, we can divert that money back to farmers and Main Streets here at home. Renewable fuels like ethanol and biodiesel decrease our dependence on foreign oil. They also provide new revenues for family farmers, and can support the creation of high-paying manufacturing jobs as we build the new "biorefineries" needed to convert these crops into fuel. With the right leadership, farmers can have an array of "cash crops" around the country and stabilize rural economies as well as meet the growing demand for clean sources of electricity.
-- Support America's Farmers And Ranchers: John Kerry and John Edwards are committed to helping family farmers compete in today's global agricultural economy. They understand farmers must be given the opportunity to receive a profit from the marketplace. They will fight against concentration and vertical integration and for trade that works for America's family farmers.
-- Building Strong Rural Communities For Strong Rural Economies, including Fighting Methamphetamine: Rural communities will only be able to attract capital, investment, and job growth if these communities have a strong infrastructure-including good schools, good health systems, and low crime rates. Today, rural communities too often face shortages on all these fronts.
http://releases.usnewswire.com/GetRelease.asp?id=111-08162004