{"id":23891,"date":"2022-02-03T10:10:53","date_gmt":"2022-02-03T17:10:53","guid":{"rendered":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/?p=23891"},"modified":"2022-02-03T10:10:53","modified_gmt":"2022-02-03T17:10:53","slug":"forty-california-companies-among-recipients-of-1-4-billion-in-usda-rural-development-funding","status":"publish","type":"post","link":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2022\/02\/03\/forty-california-companies-among-recipients-of-1-4-billion-in-usda-rural-development-funding\/","title":{"rendered":"Forty California companies among recipients of $1.4 billion in USDA rural development funding"},"content":{"rendered":"\n

From a USDA news release\u00a0<\/em><\/strong><\/p>\n\n\n\n

USDA Secretary Tom Vilsack has announced an investment of\u00a0$1.4 billion to help a diverse rural America keep resources and wealth right at home<\/a>\u00a0through job training, business expansion and technical assistance. These investments are part of a suite of business and cooperative services that are projected to help create or save more than 50,000 jobs in rural America through investments made in fiscal year 2021. (NOTE<\/strong> — Forty California companies will receive a total of nearly $42 million). <\/p>\n\n\n\n

\u201cFor some time, rural America has been at the mercy of an extraction economy, where resources are taken from rural lands only to create jobs and economic opportunity in urban and suburban areas,\u201d Vilsack said. \u201cThat\u2019s why USDA is committed to doing what we can to change that extraction economy into a circular economy, where value is added closer to home, so the wealth created in rural areas stays in rural areas. Today\u2019s announcement underlines the Biden-Harris Administration\u2019s commitment to helping transform the economy and bring high-paying jobs and economic opportunities to the people who need it most.\u201d<\/p>\n\n\n\n

The funding announced today will help people and businesses in diverse communities and industries throughout 49 states, the Virgin Islands and Puerto Rico. It will help companies hire more workers and reach new customers. It will open the door to new economic opportunities for communities and people who historically have lacked access to critical resources and financing. And it will help entrepreneurs, business cooperatives and farmers in nearly every state create jobs, grow businesses and find new and better markets for the items they produce.<\/p>\n\n\n\n

For example:<\/p>\n\n\n\n

In California, the Democracy at Work Institute will use a $200,000 Rural Cooperative Development Grant to provide technical assistance to worker-owned cooperative groups, ultimately creating 17 jobs and saving another 41 in rural areas. The organization will assist dozens of cooperatives and rural businesses as well as work with Native American and Native Alaskan groups that are organizing cooperative projects in rural California, Alaska and South Dakota.<\/span> <\/p>\n\n\n\n

In Oklahoma, Rolland Ranch Beef will use a $250,000 Value-Added Producer Grant to increase processing, marketing and delivery of locally raised beef to area consumers, schools and the Chickasaw Nation. Rolland Ranch Beef is a trademarked product by the Intertribal Agriculture Council, certifying it as made and produced by Native Americans. This certification adds value to the beef as more Tribes seek to buy Native foods grown by Native people.<\/p>\n\n\n\n

In Iowa, Pella Cooperative Electric Association will use a $300,000 grant from the Rural Economic Development Loan and Grant program to replenish the association\u2019s revolving loan fund, which will facilitate construction of a women\u2019s housing and health care facility.<\/p>\n\n\n\n

In Maryland, military veteran- and family-owned Diparma Farms will use a $33,530 Value-Added Producer Grant to expand its free-range poultry operations. The funds will help pay operating costs associated with processing and marketing packaged free-range chicken, duck and turkey products. The project will help the business expand its customer base through partnerships with local beef and cheese producers in Washington County and surrounding areas, leading to an anticipated increase in revenue.<\/p>\n\n\n\n

In Pennsylvania, Castanea Farm LLC will use a $10,244 Value-Added Producer Grant to help the family-operated farm market and sell chestnuts. The project is expected to increase its customer base by 25% and revenue by $2 per pound over a two-year period.<\/p>\n\n\n\n

In Nebraska, Native360 Loan Fund Inc. will use an $8,701 Rural Microentrepreneur Assistance Program grant to provide business-based training and technical assistance to rural microentrepreneurs and microenterprises in 12 Nebraska counties. Native360 Loan Fund\u2019s mission is to provide affordable credit, capital, technical assistance and related programs to help build strong and self-sufficient Native American business owners.<\/p>\n\n\n\n

Read more here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From a USDA news release\u00a0 USDA Secretary Tom Vilsack has announced an investment of\u00a0$1.4 billion to help a diverse rural America keep resources and wealth right at home\u00a0through job training, business expansion and technical assistance. 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