Economic Development

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IMPACT INDEX
Competitive Agriculture
Economic Development
Education For Life
Fighting Disasters
Food Safety
Good Nutrition
Lifestyles
Waste Management
Water Quality

Economic Development
1. Thinking Outside The Box
2. It's Never To Late To Learn
3. Keeping In Touch
4. Finding The Golden Fleece
5. Changing Over
6. Making The Connection

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It's Never To Late To Learn

Education is a key ingredient in the success of any business. Local businesses often fail in American Samoa due to poor financial management skills among business owners. The Cooperative entrepreneurial and home-business development training Extension Service at the American Samoa Community College moved to provide entrepreneurial and home-business development training by forming the American Small Business Development Network in partnership with the ASCC Small Business Development Center and the Women’s Business Center. The network assists communities, local business owners and farmers in developing sound business plans. Five CES staff members have been certified to instruct every course offered through the NX-Level Entrepreneurship series, which provides basic business skills training. To date, CES agents and SBDC counselors have delivered three education workshops for micro- and home-based entrepreneurs. Over 72 participants have completed the NX-Level courses. Several participants have obtained commercial loans from the ANZ Amerika Samoa Bank after submitting business plans completed in their courses.

Hopi tribal livestockA 50 percent unemployment rate on the Hopi Reservation prompted tribal livestock producers to look at ways to gain additional supplemental income. Producers, along with Arizona Extension educators and the Hopi Office of Veterinary Services, developed a local livestock-preconditioning program. Despite depressed cattle prices and weather interference, results for the steers were higher weight gains-but results in attitudes among the Hopi producers were even more significant. The $600,000-project was funded out of their own pockets and they worked together to bring in new buyers for their preconditioned steers-contributing team efforts to expand their marketing opportunities.

 

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