In collaboration with the Federal Reserve Board, the Federal Reserve Bank of St. Louis recently published Investing in Rural Prosperity, which “seeks to help rural communities achieve shared economic prosperity by outlining a new framework for how to approach rural development successfully, showcasing stories of progress in different communities, and highlighting recommendations for action by policymakers, practitioners, funders, and researchers,” according to the publication webpage. Seventy-nine authors contributed to the publication as representatives of financial institutions, nonprofits, philanthropies, academia and government agencies. The publication touches on entrepreneurship support, workforce development, energy efficient manufactured housing, digital inclusion, and much more. To find out more, go to the webpage linked above. At the same link, you can find an accompanying podcast and blog post.
The Aspen Institute hosted an event Tuesday on capacity building in rural and Native communities with a panel of national technical assistance providers, Indigenous leaders, and local rural development innovators. The conversation focused on how capacity can be used to bolster economies, health, and general livelihood, as well as the barriers to building that capacity. To find out more about the event and speakers or to view the presentation, go to this webpage.
Keeping consistent with this week’s theme of rural prosperity, the story summary from the Minnesota Equity Map today is on the Forty Acre Cooperative.
The Forty Acre Cooperative supports and advocates for the agricultural development and economic equity of Black farmers across Minnesota and the U.S. Founder and President Angela Dawson started the organization to address a lack of resources for socially disadvantaged farmers and help them access markets, education, technology, and more. To read more about Forty Acre Cooperative’s work, go to their website at https://www.fortyacre.coop/our-purpose and read the full story about them on the Equity Map.
“Rural communities throughout the United States are vibrant places with great people, rich culture and heritage, and deep social ties. But many rural communities have been buffeted by the increasing prominence of automation and the knowledge-based economy, along with long-term challenges arising from lower educational levels, remoteness and other factors. As a result, many communities are at a crossroads, wondering which direction will lead to prosperity for all.” — Investing in Rural Prosperity webpage