The Holden Administration has announced the creation of the Grow Missouri Fund – a low interest revolving loan program for small businesses in the Southeast and South central regions of the state. It’s a partnership involving the State Department of Economic Development, the City of Cape Girardeau, 29 Missouri counties designated as part of the federal Delta Regional Authority, regional planning commissions in the area, and the National Development Council. The program will be funded with Community Development Block Grant money designated by the state and will make use of the not-for-profit loan guaranty license held by the National Development Council.
