Business Investment Grant Recipients
Business Investments are one of two focus areas of the Working Lands Enterprise Initiative, with grants ranging from $5,000 - $50,000 for new and growing agriculture, forestry, and forest products enterprises. The Business Investment area received 92 applications with a total request of $2.4 million in funds. Twelve businesses were awarded over $334,000, and leveraged over $1.7 million in matching funds with a median match of $30,000 per business.
Business Investment Grantees
(8) Agriculture and (4) Forestry Recipients
Lynd Farm, So. Walden
$16,250 for developing their sow farrowing business.
Molly Brook Farm, West Danville
$20,000 for an organic transition.
Burnt Rock Farm, Huntington
$20,000 for a storage barn expansion to capture growth in existing wholesale vegetable markets.
The Tree House Hardwoods & Millshop, South Burlington
$29,975.33 for infrastructure to increase safety and efficiency.
Kingdom Pellets, East Burke
$50,000 for construction of 30,000 ton super-premium softwood pellet mill.
Root 5 Farm, Fairlee
$20,000 for an on-farm processing kitchen, pack house and crop storage renovations.
Tangletown Farm, West Glover
$15,000 for increasing and improving infrastructure for pastured laying hens and egg production.
Southwind Forestry, Pawlet
$20,000 for an excavator for sustainable forest products.
Vermont Bean Crafters, Warren
$50,000 for growing the Northeastern staple-foodshed with dry beans.
Wicked Bines/Whitefield Hop Yard, Berlin
$30,000 for a hops harvester and storage.
Calderwood Goat Dairy, Royalton
$13,000 to begin goat dairy.
Renewable Fuels of Vermont, West Windsor
$50,000 for a wood pellet mill finish dryer.