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USDA offering seed money for grow-local farm startups

January 17, 2013 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

With interest in locally grown food soaring, the federal government said Tuesday it has created a small loan program to help community farmers who might not be able to borrow money from banks.

Call it seed money.

The low-interest "microloans" of up to $35,000 are designed to aid startup costs, bolster existing family-run farms and help minority growers and military veterans who want to farm. Over the past three years, there has been a 60 percent increase in growers who sell directly to consumers or farmers markets, Agriculture Department Secretary Tom Vilsack said.

Full Story: http://www.spokesman.com/stories/2013/jan/16/usda-offering-seed-money-for-grow-local-farm/

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Montana USDA http://www.rurdev.usda.gov/MT_Home.html

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