CONTACT: Tim Todd
816/881-2308
e-mail: timothy.todd@kc.frb.org

FOR IMMEDIATE RELEASE
April 1, 2003


MAIN STREETS OF TOMORROW
GROWING AND FINANCING RURAL ENTREPRENEURS

     Entrepreneurs will play a crucial role in the economic future of rural areas, yet many rural communities are not providing the kind of environment necessary for these new businesses to succeed and prosper.

     The Federal Reserve Bank of Kansas City's Center for the Study of Rural America will focus on the important role entrepreneurs can have in rural America during: "Main Streets of Tomorrow: Growing and Financing Rural Entrepreneurs," the Center's fourth annual national conference addressing issues vital to rural America.

     Officials from the U.S. Department of Commerce and the Organisation for Economic Co-Operation and Development along with experts from government, business, agriculture, banking and academe will explore how public policy can foster more business starts on Main Street. The conference will highlight several policies that encourage entrepreneuers, including fiscal measures, education, business assistance, and new sources of equity capital. The policy discussion will draw on recent efforts in Ohio and Maine and a new study of entreprenuership by the OECD.

     The event will be held April 28-29 in Kansas City, Mo. There is a $400 registration fee. For more information about the conference, please call 1-800-333-1010, ext. 6864. Registration ends April 11.

     Editors: The Bank is waiving the registration fee for members of the media, but reporters should make their own travel and lodging arrangements. For media registration, more information about the annual conference including late program changes or the Center for the Study of Rural America, please contact Tim Todd at (816) 881-2308 or via e-mail at timothy.todd@kc.frb.org. You can also visit the Bank's Web site at www.kansascityfed.org
 

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