Business Investment 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 67 applications with a total request of $1.8 million in funds. Twelve businesses were awarded over $403,900, and leveraged $855,605 in matching funds with a median match of $50,000 per business.
Business Investment Grantees
(8) Agriculture and (4) Forestry Recipients
Stonewood Farm, Orwell
$13,750 for growing, processing, packaging, and selling popcorn for wholesale market.
Vermont Farm Table, Bristol
$50,000 for commercial development plan
Maple Landmark, Middlebury
$40,000 for an automated wood-turning lathe
Intervale Community Farm Cooperative, Burlington
$35,000 for construction of multi-user wash/pack/storage facility for produce and nursery stock.
Charlotte Berry Farm, Charlotte
$7675 for irrigation system replacement for the farm
Sap! Maple Beverages, Burlington
$40,000 for building a first-class marketing team and marketing plan.
Green Mountain Grain & Barrel, Richmond
$50,000 for stave jointer and hoop press machine acquisition
Bourne’s, Inc., Morrisville
$27,500 for purchase of a bulk pellet delivery truck
Sweet Rowen Farmstead, West Glover
$50,000 for an on-farm creamery and community space
Pete’s Greens, Craftsbury
$20,000 for improved seed garlic access for Vermont farmers
Larson Farm and Creamery, Wells
$19,980 product line of value-added dairy products, to include organic gelato, butter, and skyr
Farmers to You, Berlin
$50,000 for Regional Market Development to grow Vermont’s working lands economy