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Articles
Sea Briefs is a report on the results of the Mississippi-Alabama Sea Grant Consortium. Editor: Laura Bowie This newsletter
is available in PDF format from: MASGC supports applied, interdisciplinary marine science research, education and outreach efforts to foster the sustainable development and management of the Mississippi and Alabama coasts and nearshore ecosystems of the Gulf of Mexico Mississippi-Alabama
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Approximately 25 Vietnamese-American fishermen recently attended a financial and business advice workshop in Biloxi, Miss., at the Hope Coordination Center. The focus of the workshop was to introduce attendees to new technologies in fishing gear and to highlight business loan opportunities. “The nets can pay for themselves in the long run and increase profits,” Nguyen said. In addition, Leo Esclamado of the National Alliance of Vietnamese American Service Agencies (NAVASA) told shrimpers there are funds available to help them outfit skimmer boats with equipment necessary to harvest oysters. Esclamado noted that while the idea is not new, oystering can become an additional revenue source for fishermen who have small boats. There is a loan program that can help them get started. Other NAVASA representatives presented financial opportunities, including information about the Access to Equity (A2E) program, which offers loans of $1,000 to $15,000, to refugees and low-income people who were devastated by Hurricanes Katrina and Rita. The loans can be used to help rebuild, start or expand businesses. The program aims to make communities self-sufficient. One-on-one counseling, business plan development and access to financing options are some of the services included in the loan program. Nguyen said that fishermen showed interest in the loan program and that 12 applications were started after the meeting. The workshop was sponsored by NAVASA, MASGC, Boat People SOS and Hope Coordination Center. |
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