COVID-19 has highlighted the importance of a reliable food supply and increased the demand for locally grown products. To help Basin food producers meet this call, we’ve introduced two new programs: Basin Food Producer Loans and Basin Food Producer Wage Subsidy.
These temporary programs are for primary food producers—those that grow grains, vegetables, fruit, forage or raise livestock for meat or dairy.
The Basin Food Producer Loans program provides loans for working capital and equipment to help food producers expand operations due to increased demand. Applications open on May 6.
The Basin Food Producer Wage Subsidy program will assist producers that are bumping up production due to the pandemic and need to hire additional workers for the growing and harvesting seasons. Applications open on May 11. Wage subsidies are granted on a first-come, first-served basis and are administered by College of the Rockies.
In addition to these two new programs, the Trust has increased assistance through several existing programs: Small Business Working Capital Loans, Impact Investment Fund, Basin RevUP, Summer Works, School Works, Career Internship Program, Basin Business Advisors and Training Fee Support.
To learn more about the Trust’s resources and support during COVID-19, visit ourtrust.org/covid19 or call 1.800.505.8998.
