Farm Credit East and CoBank announced a joint contribution of $25,000 to GrowNYC to support its work with Northeast farmers. The funds will support GrowNYC’s FARMroots program, which provides legal, marketing and financial management technical assistance for both beginning and established Greenmarket farmers.
A successful manager is required to master many aspects of business. To help the next generation develop the necessary business and financial skills, Farm Credit East is hosting multiple GenerationNext seminars across the Northeast this fall into winter, and seeks interested young leaders to attend. Upcoming sessions will be held in Freeport, Maine, and four New York locations: Burrville, Cooperstown, Geneva and Potsdam.
The Farm Credit Northeast AgEnhancement Program, a joint effort of Farm Credit East, Yankee Farm Credit and CoBank, recently provided funding to 18 organizations for their efforts to support young and beginning farmer initiatives, encourage youth leadership development, and promote northeast agriculture.
Farm Credit’s FarmStart is a unique program that invests working capital of up to $75,000 in northeast agricultural, fishing and forest products ventures showing promise of success. One of those recent investments was with J&S Brothers Farms LLC, in Mullica, NJ. J&S Brothers is owned by Jose and Salvador Constantino.