Monday, November 7, 2016
USDA Grants $20.2 Million for Food and Forestry Research and Development Projects
WASHINGTON– Agriculture Secretary Tom Vilsack today announced that USDA will grant $20.2 million to help 34 small businesses move forward with innovative research and development projects to benefit food security, natural resources conservation and other agricultural issues.
These competitive grants are made through the Small Business Innovation Research program, which is coordinated by the Small Business Administration and administered by 11 federal agencies including the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA).
"I offer my sincere congratulations to these recipients who have demonstrated that their ideas have strong potential for commercialization and can provide real solutions to tough issues that the food, agriculture and forestry sectors are facing," said Vilsack.
"Studies have shown that every dollar invested in agricultural research now returns over $20 to our economy, and that's why USDA has increased our investment in delivering problem-driven and solutions-based science from the farm to the lab to the boardroom. Since 2009, through the Small Business Innovation Research program alone, USDA has awarded nearly 850 research and development grants to American-owned, independently operated, for-profit businesses, allowing hundreds of small businesses to explore their technological potential, and providing an incentive to profit from the commercialization of innovative ideas."
Since 2009, USDA has invested $19 billion in research and development touching the lives of all Americans from farms to the kitchen table and from the air we breathe to the energy that powers our country. Learn more about the many ways USDA scientists are on the cutting edge, helping to protect, secure and improve our food, agricultural and natural resources systems in USDA's Medium Chapter 11: Food and Ag Science Will Shape Our FutureThis is an external link or third-party site outside of the United States Department of Agriculture (USDA) website..