Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
February 26, 2020 | Tom Ballard

Older entrepreneurs bring hope to rural communities

The plight of rural communities is top of mind for those who live there and public policy officials. One statistic certainly tells the story.

According to The Kauffman Foundation, the percentage of start-ups that are in rural communities fell from 20 percent in the 1980s to about 12 percent now. There is, however, a “quiet and enterprising movement gathering steam among rural leaders to encourage local entrepreneurship and attract residents who’ll start businesses.”

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