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Winery nets $250,000 grant for new products
SoVaNow.com / November 02, 2016
Rosemont Winery in La Crosse was one of 18 Virginia entities tapped to receive money from the USDA’s Value Added Producer Grant Program. Rosemont was awarded $250,000.
U.S. senators Mark R. Warner and Tim Kaine on Tuesday announced that the U.S. Department of Agriculture (USDA) awarded $3,684,248 in Rural Development grants to various Virginia enterprises. The USDA’s Value Added Producer Grant Program, part of the 2014 farm bill, assists farmers with developing new product lines and expanding markets for their products, with a specific focus on small and medium-sized family farms and beginning farmers and ranchers.
The grants are awarded as part of a national competition, and require matching funds covering 50 percent of the project costs.
Since 2009, the program has been a key tenet of the USDA ‘Know Your Farmer, Know Your Food’ initiative to promote local and regional food systems as a component of rural economic development.
“These grants help Virginia farmers grow their local economies through innovative products and entrepreneurial spirit. This program provides much-needed financing to help producers develop new product lines and increase their income,” Warner said.
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