Development Chenango grants $20,000 to start-up hop farm in Smyrna
SMYRNA – Development Chenango Corporation has awarded Craig and Edith Walker of Smyrna a $20,000 microenterprise grant to start a small business on their farm.
The business, Highland Hop Yard, will grow hops, the plant that gives beer its distinctive flavor and aroma. In the 19th century, hops were widely grown in Chenango and neighboring counties. Now, the increasing popularity of craft beers created by regional microbreweries is rekindling the demand for hops and the Walkers already have potential customers.
The grant is funded by a federal Community Development Block Grant awarded to Chenango County by the New York State Office of Community Renewal. Highland Hop Yard will use the $20,000 to pay start-up costs and buy needed equipment.
“The grant review committee was very pleased to entertain the request from this unique business,” Commerce Chenango Economic Development Director Jennifer Tavares said. “In particular, committee members were excited to participate in a project that supports local agriculture, and one that will bring this historically important crop back to Chenango County.”
In order to qualify for microenterprise grant funding, a business owner must complete a 10-week small business planning course and provide a completed business plan and financial projections.
The business, Highland Hop Yard, will grow hops, the plant that gives beer its distinctive flavor and aroma. In the 19th century, hops were widely grown in Chenango and neighboring counties. Now, the increasing popularity of craft beers created by regional microbreweries is rekindling the demand for hops and the Walkers already have potential customers.
The grant is funded by a federal Community Development Block Grant awarded to Chenango County by the New York State Office of Community Renewal. Highland Hop Yard will use the $20,000 to pay start-up costs and buy needed equipment.
“The grant review committee was very pleased to entertain the request from this unique business,” Commerce Chenango Economic Development Director Jennifer Tavares said. “In particular, committee members were excited to participate in a project that supports local agriculture, and one that will bring this historically important crop back to Chenango County.”
In order to qualify for microenterprise grant funding, a business owner must complete a 10-week small business planning course and provide a completed business plan and financial projections.
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