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NINE PRODUCERS NAMED FOR THIRD HUDSON VALLEY FARM AND FOOD FUNDING ACCELERATOR PROGRAM

NINE PRODUCERS NAMED FOR THIRD HUDSON VALLEY FARM AND FOOD FUNDING ACCELERATOR PROGRAM

Farms and Makers Representing Eight Counties to Begin Training in November

HUDSON, NY – October 22, 2019 – The Hudson Valley AgriBusiness Development Corporation (HVADC) has announced the participants in the third class of its Farm and Food Funding Accelerator (FFFA) Program.  Nine farmers and food entrepreneurs were selected from a wide field of applicants to join the intensive FFFA program beginning in November.
Through a customized program, FFFA participants will engage in expert instruction, one-on-one counseling and technical assistance, group interaction and industry networking events to learn how to build their sales in anticipation of speaking with investors, discover new market opportunities, and pitch to potential funders. The FFFA program will conclude in spring 2019 with an opportunity for Peer participants to meet New York City and Hudson Valley-based funders that are seeking to invest in ventures that support the local food system.
FFFA participants are all farm, food, fiber or agriculture-dependent businesses having their home office, farm or production facility in the Hudson Valley, and sourcing the majority of their product ingredients from the region, as well as the majority of their labor force.
Joining the FFFA 2019-2020 Peer Class are:
Some FFFA Peers will first be introduced at The Valley Table’s Hudson Valley Restaurant Week Fall Kick-off being held October 28 at Sloop BrewingCo.@The Factory in Hopewell Junction as part of the networking and presentation aspects of the FFFA program. Valley Table magazine is the media sponsor of the FFFA program.
Brianna Merrill, will be serving as FFFA Program Coordinator, joining the advisor team with a background in farming and food systems.
 “As our third class, the new FFFA participants represent the diversity of the farmers and makers in the Hudson Valley, as well as the geographical footprint that HVADC covers. Our past Peers will contribute to the program as mentors and at networking events to share their experiences with funders,” said Mary Ann Johnson, Deputy Director, HVADC. Johnson added that as a funding accelerator program, nearly $1 million in outside investments has been secured by businesses that graduated from the program thus far.
Participants in the just concluded 2018/2019 FFFA class were:  Battenkill Valley Farms, Berle Farm, Farmer & Baker, Gray Family Farm, Gopal Farm, J.S.K. Cattle Company, Local Artisan Bakery, Miracle Springs Farm, Phoenicia Honey Co., and Veeda Holi Hydration. Those participating in the 2016/2017 class were: Argyle Cheese Factory, Balet Flowers and Design, Fishkill Farms, The Green Onion, Lavenlair Farm, les collines, Minkus Family Farms, Raspberry Fields Farm, and Soukup Farms. In addition to funding, past Peers have garnered scholarships or concessions through pitch competitions with Middletown’s Race4Space (Farmer & Baker), SUNY ADK Business Plan Competition (Lavenlair Farm and Argyle Cheese Factory), the SUNY New Paltz marketing intern completion (Gopal Farm) and the farmers market association business plan contest (Battenkill Valley Farms).
Funding for FFFA was made possible by the US Department of Commerce Economic Development Agency. Additional FFFA program details may be found at www.hvadc.org. Questions regarding the FFFA program may be directed to 518-432-5360 or accelerator@hvadc.org.
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About HVADC:
The HVADC is the region’s sole economic development agency with a specific focus on the viability of the agricultural economy in the Hudson Valley. It assists both new and existing agri-businesses such as farms, food businesses and food distributors, by providing technical and business consultation and resources. The non-profit promotes balanced, market-based solutions that lead to enhanced agricultural entrepreneurship, rural economic growth and community enhancement.  For more information, please visit: www.Hvadc.org. HVADC produces a monthly-newsletter The Cultivator featuring its initiatives, partnerships and the businesses of its clients. For more information, visit: www.Hvadc.org.

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