Grants totaling $625,000 awarded to Cooperative Development Institute

October, 2020

MALONE, N.Y. — The United States Department of Agriculture Office of Rural Development announced today, at a live event at the New Roots Cooperative Farm, that it will award three federal grants to support the work of the Cooperative Development Institute (CDI), the Northeast’s Center for cooperative business education, training, and technical assistance.

The Institute will be awarded a two year $250,000 Rural Community Development Initiative (RCDI), a $175,000 Socially Disadvantaged Groups Grant (SDGG), and a $200,000 Rural Cooperative Development Grant (RCDG). Funding will help create new businesses, new jobs, and address identified community needs in underserved communities.

The primary objective of the Cooperative Development Institute is to improve the economic condition of rural areas in the Northeast through the development of cooperatively owned businesses and enterprises. Katherine Bessey, Coordinating Director and Food System Specialist for the Institute highlighted the significance of the Center’s breadth and scope in the region, which the recent USDA grants will help support.

Read the full article in Morning Ag Clips

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