State of Vermont issued the following announcement on March 22.
$823,000 Invested in Vermont Ag & Forestry Businesses
The Working Lands Enterprise Initiative (WLEI) and governing board (WLEB) were created by the legislature in 2012 to stimulate economic development in the agricultural and forestry sectors. WLEI is a collaborative effort between the Agency of Agriculture, Food, and Markets, Department of Forest, Parks, and Recreation, and the Agency of Commerce and Community Development. WLEB, which finalizes all funding decisions, achieves this goal by making investments across businesses and service providers in critical leverage points which will have the highest return on investment. This initiative supports Vermont entrepreneurs by providing financial assistance to help innovate and grow their business while also creating jobs, building infrastructure, and promoting growth in economies and communities of Vermont’s working landscape.
For 2019, the Working Lands Enterprise Board deployed $823,000 in grants and contracts, to (18) Agriculture and Forestry businesses and service providers around the State. Part of the strategic plan for this year was the creation of Industry Impact grants for projects ranging from $50,000-$150,000. These projects must impact the supply chain for low grade wood or dairy, two industries determined by the WLEB in need of larger investments to achieve viability.
Gagnon Lumber. Inc., $120,000, Rutland
Kirby Mulch Company LLC, $130,000, Caledonia
Five Generations Farmstead Creamery, $150,000, Orleans
Agricola Farm, LLC, $50,000, Addison
Footprint Farm LLC, $14,700, Addison
Bread & Butter Farm, LLC, $20,000, Chittenden
Rockledge Farm Woodworks, $25,000, Windsor
Fisher Brothers Farm, $20,000, Chittenden
Ardelia Farm & Co., $19,910, Orleans
Rebop Farm, LLC, $25,000, Windham
Beaver Meadow Consulting, $23,600, Windsor
Karim Farm and Creamery, $20,000, Caledonia
K.J. Pratt Logging and Tree Service LLC, $15,000, Chittenden
VAAFM Trade Show Assistance Grants, $30,000, All 14 counties
Service Providers (Grants)
Vermont Wood Works Council, $20,000, All 14 counties
UVM Extension, $19,943, All 14 counties
Intervale Center, $19,965, All 14 counties
Center for Women & Enterprise, $20,000, Bennington, Caledonia, Essex, Orleans, Windham
Service Providers (Contract)
Vermont Housing and Conservation Board, $80,000, All 14 counties
Since its legislative inception in 2012, the Working Lands Enterprise Board has invested over $5.3 million dollars in 184 projects affecting every county of the state, leveraging over $8.6 million in additional funds.
For questions, please contact:
Lynn Ellen Schimoler, Senior Agricultural Business Development / Vermont Agency of Agriculture, Food, and Markets, 802-622-4477, LynnEllen.Schimoler@vermont.gov
Original source can be found here.