Wednesday, May 23, 2007

Entrepreneurship in the Rural South

Rural Entrepreneurship is fast becoming a top economic development strategy. The Southern Rural Development Center just released a report on the trend in the south.

One of the “stars” mentioned was Tupelo, MS (population 34,211) with their new Renasant Center for IDEAs (Innovation, Development, Entrepreneurship in Action), a 28,089 sf. Business incubator. I’ve been to their facility twice in the past six months and continue to be amazed at how economic development has elevated Tupelo into a world-class town. Tupelo is on the leading edge of turning entrepreneurship into the next ED tool for their town.

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