hudson valley agribusiness development corporation

11
Agriculture as Economic Development through Rural- Urban Partnerships

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Hudson Valley AgriBusiness Development Corporation presentation to the November 9, 2011 convening on an economic strategy for Bay Area agriculture.

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Page 1: Hudson Valley AgriBusiness Development Corporation

Agriculture as Economic Development through Rural-Urban Partnerships

Page 2: Hudson Valley AgriBusiness Development Corporation

We help start and grow businesses.

Mission Statement

“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.”

We are a three (3) person organization that is political boundary neutral and focused on the cluster development of agricultural entities.

Page 3: Hudson Valley AgriBusiness Development Corporation
Page 4: Hudson Valley AgriBusiness Development Corporation

We provide four core services(to existing and new businesses)

Page 5: Hudson Valley AgriBusiness Development Corporation

For startups: Incubator without walls

Page 6: Hudson Valley AgriBusiness Development Corporation

Incubator clients

Page 7: Hudson Valley AgriBusiness Development Corporation

We are funded by a wide range of entities

HVADC has attracted over $2.4 million in funding in 4 years.

• Economic development and community development funds as needed

• SBA, USDA, and EDA

• NYS Quality Communities and NYS Ag & Mrkt Planning Programs

• Committed multi-year/multi-county funding: Dutchess, Orange, Ulster, Sullivan and Columbia

• Private donors – Hudson River Bank and Trust, Dyson Foundation

Page 8: Hudson Valley AgriBusiness Development Corporation

We can create jobs and have better, safer food supply…

Brownfields: low cost infrastructure for aquaculture, biofuels, solar, and value added production

Existing Infrastructure: creates business opportunities in marketing ag-related products, including value added foods, local food distribution, and farm equipment manufacturing, service, and sales

Tech Transfer: ability to leverage existing research capacity for commercialization

Page 9: Hudson Valley AgriBusiness Development Corporation

…By creating a regional support infrastructure.

Equipment Mfg, Service,

Sales

Bio-Fuels and ResourcesDistribution

and Retailing

Alternative Energy

Forest Products

Farm and Value Added Production

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

Page 10: Hudson Valley AgriBusiness Development Corporation

A regional entity has many advantages over independent local entities.

Page 11: Hudson Valley AgriBusiness Development Corporation

http://www.hvadc.org/files/Hud_Vlly_Food_Systems-HVADC.pdf