Press Release: $15 Million in Loans for Meat and Poultry Processors Now Available Through the MDA
.jpg)
4 May 2023
News
The Minnesota Department of Agriculture’s (MDA) Rural Finance Authority (RFA) has opened applications for a new revolving loan program to support Minnesota’s small and medium-sized meat and poultry processors.
The Meat and Poultry Intermediary Lending Program (MPILP) offers $15 million in low-interest loans for the start-up, expansion, or operation of slaughter and value-added processing. MPILP is funded by a grant from United States Department of Agriculture (USDA) Rural Development.
Click here to view the original article from the Press Release.
More Topics
While startup cash is becoming harder and harder to come by and VC deals continue to plummet, entrepreneurs do have several options for grant funding and other equity-free forms of startup capital to help grow their businesses.
Here's a list of annual grant programs founders can apply for today,...
Energy News: In Minnesota, electricians are plugging into a new niche installing EV chargers
May 3 2023A small but growing number of Minnesota electricians are finding steady work installing residential electric vehicle chargers.
Minnesota has around 35,000 electric vehicles on the road today, but that number is expected to rapidly grow in the coming years as more models become available. The state is using federal...
When a hydrogen fuel cell company was pursuing ways to expand its green hydrogen production and get closer to emerging markets for its products, John Middleton saw an opportunity to add a major commercial/industrial customer to his co-op’s load.
As CEO of Nahunta, Georgia-based Okefenoke Rural Electric Membership Corp.,...
Tom Lambrecht