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January 18, 2013

Working Lands Enterprise Initiative Receives $9 million in Request for Funds

The Working Lands Enterprise Board solicited Letters of Intent (LOI) for two of three investment areas (Capital & Infrastructure, and Service Providers) and received 184 applications, for a total request of over $9 million, nine times the amount of funds available ($986,500). Due to this overwhelming response, the Working Lands Enterprise Board is unable to invite all LOI applicants to submit a full proposal and adjustments have been made to the LOI response timeline. All LOI applicants will be provided feedback from the Board in the near future.

Applications for Enterprise Investments are due January 24, 5:00 p.m. (postmarked by Jan. 24). Please see the website for all requirements and deadlines www.vermontworkinglands.com.

The Working Lands Enterprise initiative, Act 142, created the Working Lands Enterprise Fund (WLEF) and the Working Lands Enterprise Board (WLEB). The WLEB includes private sector representatives from agriculture and forestry; state government including the Vermont Agency of Agriculture, Food & Markets, Vermont Department of Forests, Parks & Recreation, and the Vermont Agency of Commerce and Community Development; and ex-officio members from the Vermont Housing and Conservation Board, the Vermont Economic Development Authority, and the Vermont Sustainable Jobs Fund.

Source: Agency of Agriculture, Food and Markets
Last Updated at: January 18, 2013 13:01:27
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