Small Business Administration Deputy Administrator Dilawar Syed Tours South Dakota, Stressing the Need for Equity and Investment in Rural Areas”.

Rapid City was the first stop on the U.S. Small Business Administration’s nationwide tour for Dilawar Syed, the organization’s Deputy Administrator. During his visit, Syed emphasized the importance of bridging the gap between rural and metro regions through intentional investment in all areas. He expressed concern that small businesses in rural communities, like those in South Dakota, are often overlooked and highlighted the need for equity to prevent further divisions within the country.

To address these divides, Syed explained that the federal government is working on legislation like the Bipartisan Infrastructure Law. This law is helping thousands of households and businesses in South Dakota gain access to affordable internet. Despite these efforts, Syed acknowledged that there is still much work to be done to support businesses facing historic and systemic challenges.

Syed shared that meeting people in rural areas while traveling serves as a powerful reminder of the importance of providing equal opportunities for everyone. He stressed the significance of ensuring that all communities have access to the resources needed to thrive. Through efforts like the Bipartisan Infrastructure Law, the government aims to close gaps and promote economic development in all regions of the country.

During his tour, Syed also highlighted other initiatives aimed at supporting small businesses in rural communities. He discussed programs designed to provide training and resources to entrepreneurs looking to start or grow their businesses. He also talked about efforts aimed at promoting access to capital for small business owners who may struggle with securing funding.

Overall, Syed’s message was one of hope and determination. He believes that with continued investment and support from both public and private sectors, small businesses in rural communities can continue to grow and thrive despite their unique challenges.

In conclusion, Dilawar Syed’s visit to Rapid City was an opportunity for him to emphasize the importance of bridging divides between urban and rural areas through intentional investment. The Bipartisan Infrastructure Law is one example of how this can be achieved through legislation aimed at providing accessibility for all communities across America. With continued support from both public and private sectors, small businesses in rural areas can continue to grow and thrive despite their unique challenges.