MARCH 2020 Enhancing the Quality of Life for Rural Texans Together we are making a difference Rural and Small Communities an Attraction for a for rural and small communities in New Generation of Entrepreneurs Texas! Encourage others to do the same by asking them to join ARCIT A recent Forbes.com article stated: “With and help build a better Texas. nearly 50 percent of millennials looking to start their own business in the next three years, it is 1122 Colorado St., Ste 102 Austin, TX 78701 not a surprise that the new generation of Phone: (512) 788-1819 entrepreneurs aren’t based – or even www.arcit.org
[email protected] particularly interested – in Silicon Valley.” College towns near rural and small communities are perfectly positioned to not only teach millennial entrepreneurs, but also support startups and the industries that want to acquire them. College towns need talent to stay in rural areas of the state and startups to succeed to create opportunity. While large metropolitan cities are melting pots, smaller more rural areas are significant and contribute to the economy in different and sometimes more 2019 ARCIT Board of Directors important ways. Rural areas are not only affordable and have great values, but also offer a place for innovation and entrepreneurial support. As urban Carolyn Gibson ARCIT President competition rises for talent and economic prosperity, it is important to recognize Executive Director, El Campo CDC the contribution rural areas make to Texas, the United States, the world. Marty Mangum ARCIT Vice President In Texas, the agriculture market in 2017 was valued at $24.9 billion.