|(FEBRUARY 3, 2012) USDA RURAL DEVELOPMENT PROVIDES NEARLY HALF A MILLION DOLLARS TO SUPPORT BUSINESS DEVELOPMENT AND MARKETING OPPORTUNITIES IN CENTRAL NEW YORK|
|Syracuse, NY, Feb 03, 2012
@@Today, USDA Rural Development New York State Director Jill Harvey announced seven projects in Central New York that have received funding through Rural Development’s Value Added Producer Grant Program (VAPG). Value-added products are created when a producer increases the consumer value of an agricultural commodity in the production or processing stage. This announcement is part of twenty-one projects funded throughout the state, totaling nearly $2 million.
The following is a listing of projects funded in Central New York;
New York Beef Farmer’s Cooperative $36,500
Farmer Ground Flour, LLC $75,000
CELK Distilling, LLC $150,000
Keuka Lake Vineyards, LTD $37,301
Red Jacket Orchards $49,500
Hosmer, Inc. $49,990
Guppy’s Berry Farm $3,650
The funded projects will create jobs for agricultural producers, businesses and families. The grants act as a catalyst for business development and entrepreneurship by providing access to capital and technical assistance.
Red Jacket Orchards will use funds to process and market juice grade apples into all natural 100% fruit juices to be sold to over 80 college campuses throughout the Northeast United States. New York Beef Farmer’s Cooperative will use funds to complete operating and marketing plans for the cooperative’s proposed value-added beef and pork products, to be sold locally under their Side Hill Products brand. CELK Distilling, LLC will be creating a farm distillery using fruits supplied by the farm to produce vodka, hard cider, and brandies.
“By creating value-added products, farmers can expand economic opportunities, create jobs and keep wealth in rural communities,” Jill Harvey said. “These projects will promote business expansion and entrepreneurship by helping local businesses get access to capital, technical assistance and new markets for their products and services.”
USDA Rural Development's mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life of rural residents. As a venture capital entity, Rural Development provides equity and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure. Further information on rural programs is available by visiting Rural Development’s web site at http://www.rurdev.usda.gov/ny.