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New program aims to boost Illinois' rural economies by developing the food industry

A new program aims to boost economic growth in rural areas of Illinois by building up the food industry with federal grants. It is called the Regional Food Economic Development, or ReFED Project. It hopes to provide business development assistance to beginning farmers, food processors, food cooperatives, and independent grocers. Sean Park from the Illinois Institute for Rural Affairs at Western Illinois University said a lot of the food Illinoisans eat is from out of state, and growing it here will create an economic trickle-down effect. "A significant portion of this demand could be produced in the state and the region, yielding an estimated $2.5 billion in economic activity in the region or $10 billion in our state, and because that money is spent locally, we have a money-multiplier effect," said Park. U.S. Department of Agriculture Secretary Tom Vilsack announced in December that the department was investing $981 million to help create new and better market opportunities a ....

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New program aims to boost Illinois' rural economies by developing the food industry

(The Center Square) – A new program aims to boost economic growth in rural areas of Illinois by building up the food industry with federal grants. It is called the Regional Food Economic Development, or ReFED Project. T. ....

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