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USDA gives $1.2 million grants to 13 Iowa businesses Tuesday, September 25, 2007
DES MOINES -- A company that wants to sell goat meat to grocery stores and restaurants and another that hopes to market oil-roasted soybean and sweet corn products are among 13 companies to receive federal grants Tuesday to help develop and promote their business.
The federal government handed out $1.2 million Tuesday through the Department of Agriculture to help give several Iowa ag-related businesses a boost.
The Value Added Producer Grants through USDA Rural Development is designed to help businesses that take raw agricultural products and add value to them before marketing them.
"The Value Added Producer Grant program creates jobs and improves the financial returns for producers and farm families across rural Iowa, and rural America," said Mark Reisinger, USDA Rural Development Iowa director, in a statement. "These grants will be used for planning to establish a viable value-added marketing opportunity, as well as for working capital to operate a new value-added business."
The businesses receiving grants Tuesday include:
--Iowa Healthy Edge Meats, West Union, $47,220. Assist with marketing goat meat to retail stores, restaurants and farmers in the Midwest.
--Central Iowa Soy, Jefferson, $120,361. Marketing for oil-roasted soybean and sweet corn products.
--Absolute Energy, St. Ansgar, $300,000. Working capital for ethanol plant.
--Cedar Valley Farms, Blairstown, $22,500. Examine options for an anaerobic digester or thermochemical biomass conversion system at dairy operation.
--Delaware County Meats, Dyersville, $10,000. Help launch and market new line of processed pork.
--East Fork Biodiesel, Algona, $89,000. Assess feasibility of using wind turbines to power biodiesel plant.
--Grow Your Small Market Steering Committee, Maxwell, $68,340. Develop processing facility for Iowa-grown fruits and vegetables.
--Hansen's Farm Fresh Dairy, Hudson, $90,000. Assist with production and marketing of non-homogenized ice cream and butter.
--Heartland BioEnergy, Webster City, $100,000. Business plan and feasibility study for the production of bio-oil generated from cornstalks and roots.
--Lutes Family Investment Group, Gillman, $93,000. Develop a plan for a multiple-turbine wind-generation facility.
--Natural Milk General Partners, Harlan, $87,500. Assess costs and benefits of different anaerobic digesters for dairy operation.
--The Iowa Wine Trail, Baldwin, $28,637. Help develop a marketing campaign.
--William & Rona Wyant, Marengo, $142,300. Help with start-up costs for Fireside Winery.
The Iowa projects were among 162 businesses in 40 states and Puerto Rico to get a total of $22.7 million this year, the USDA said in a statement.
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