Top 3 Takeaways: Make sure you mention you are a 3 person staff founded just four years ago. You are an economic development organization that is political boundary neutral. You are focused on cluster development of agricultural entities.
Top 3 Takeaways: 1) These are the four areas that usually prohibit effective entrepreneurship and/or business growth.
Top 3 Takeaways: The incubator assures success by applying rigorous due diligence before admitting clients into the program. The incubator provides industry specific expertise they wouldn ’t receive elsewhere. The incubator ’s goal is to build a community of complimentary ag businesses.
These slides speak for themselves. Also, you know the true value of this so go crazy on it.
Why this group? Because USDA, cooperative extension, and the university systems aren ’t looking at regional development or cluster development. USDA needs to be location agnostic. Extension is focused on research entirely on state projects, and if interstate projects were considered, they would be the most subject to budget cuts. This is a position with benefit to the community as a whole and therefore needs to be in an independent economic development setting: faster, more flexible, and localized.
Hudson Valley AgriBusiness Development Corporation
Agriculture as Economic Development through Rural-Urban Partnerships
We help start and grow businesses. <ul><li>Mission Statement </li></ul><ul><li>“ HVADC’s charge is to enhance the agricultural sector in the Hudson Valley by assisting both new and existing agri-businesses, and supporting policies and regulations that recognize and support New York State’s agricultural economy.” </li></ul><ul><li>We are a three (3) person organization that is political boundary neutral and focused on the cluster development of agricultural entities. </li></ul>
We provide four core services (to existing and new businesses)
We are funded by a wide range of entities <ul><li>HVADC has attracted over $2.4 million in funding in 4 years. </li></ul><ul><li>Economic development and community development funds as needed </li></ul><ul><li>SBA, USDA, and EDA </li></ul><ul><li>NYS Quality Communities and NYS Ag & Mrkt Planning Programs </li></ul><ul><li>Committed multi-year/multi-county funding: Dutchess, Orange, Ulster, Sullivan and Columbia </li></ul><ul><li>Private donors – Hudson River Bank and Trust, Dyson Foundation </li></ul>
<ul><li>Brownfields: low cost infrastructure for aquaculture, biofuels, solar, and value added production </li></ul><ul><li>Existing Infrastructure: creates business opportunities in marketing ag-related products, including value added foods, local food distribution, and farm equipment manufacturing, service, and sales </li></ul><ul><li>Tech Transfer: ability to leverage existing research capacity for commercialization </li></ul>We can create jobs and have better, safer food supply…
… By creating a regional support infrastructure. Collaborative and Technical Support “ The loan HVADC assisted us with was instrumental in getting both our affinage built for our cheese to age, as well as free up a second walk in cooler for our efforts to promote and sell other cheeses from Farmstead and Artisan Producers in New York. New York now has more farmstead and artisan cheesemakers than any other state in the country .”- Matthew Scott, Pampered Cow Equipment Mfg, Service, Sales Bio-Fuels and Resources Distribution and Retailing Alternative Energy Forest Products Farm and Value Added Production
A regional entity has many advantages over independent local entities.