|Program||# of Grants||EDA Funds|
|Economic Adjustment Assistance||2||$1,367,600|
During FY 2012, EDA awarded six grants totaling $2.5 million in the State of Connecticut. These awards included a 2012 Rural Jobs and Innovation Accelerator Challenge winner that will catalyze job creation and leverage private capital across New England’s agriculture industry. These investments are expected to create or retain 150 jobs according to grantee estimates.
Investment Spotlight: EDA Seeds Locally Grown Jobs
Accessibility and affordability of healthy, locally grown fruits and vegetables is a challenge faced by many communities nationwide. Not only does access to locally-grown food promote the health and well-being of all Americans, but strong regional food infrastructure creates new job opportunities for regional farmers and small businesses at every step in the food production chain.
Through the Administration’s Rural Jobs and Innovations Accelerator Challenge, a funding opportunity offered by four federal agencies, EDA joined the U.S. Department of Agriculture in investing in the Wholesome Wave Foundation’s New England Food Hub Initiative. EDA’s $367,600 grant will help the foundation address the demand for locally produced foods by providing technical business assistance and access to capital to food producers, processors, storage, and transporters throughout New England. Based in Bridgeport, Wholesome Wave will help start and expand new food hubs. These hubs will generate additional revenue to the region’s farmers, as well as new jobs at every step in the food production chain from farming, to distribution, and production.