Vermont Agriculture & Food System Plan 2021-2030 Vermont Food System Plan Issue Brief: Access to Capital

Description

Properly capitalized farms and food businesses are critical for a healthy food system. Food system businesses need different kinds of capital depending on their stage of growth, scale of operation, and the markets into which they sell. In part due to the aging of our population, Vermont is experiencing an unprecedented generational transfer of farmland and food businesses. We need to develop new business models, and support access to affordable farmland for new and beginning farmers and young entrepreneurs to take over food businesses, all of which require significant capital and business acumen for success. Critical to this process is connecting the next generation of values-driven investors with opportunities to support farms, food producers, and food system businesses, through a variety of capital provider organizations and through programs that educate new investors.

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