USDA Announces $150 Million Investment Fund to Grow Small Businesses in Rural America
Posted on Apr 22, 2014 in Financing | Comments Off on USDA Announces $150 Million Investment Fund to Grow Small Businesses in Rural America
Together with eight Farm Credit entities, the U.S. Department of Agriculture (USDA) has announced the creation of a new $150 million investment fund that will facilitate private equity investments in agriculture-related businesses. This new fund, known as the Advantage Capital Agribusiness Fund, is the first of its kind. It will develop a balanced and diversified portfolio of junior capital investments and focus on later-stage, growth-oriented small businesses involved in rural infrastructure, agriculture and farm supply. For more information, including the eight other entities involved, click here.
