Agriculture Secretary Vilsack Announces Open Prairie Rural Opportunities Fund
3 May 2016
WASHINGTON, May 3, 2016 - Agriculture Secretary Tom Vilsack today announced the launch of a new private investment fund with the potential to inject $100 million into small food and agriculture businesses across rural America. The fund, known as the Open Prairie Rural Opportunities Fund, will be the fourth Rural Business Investment Company (RBIC) that USDA has helped to create since 2014, and is part of USDA’s ongoing efforts to help attract private sector capital to investment opportunities in rural America to help drive more economic growth in rural communities.
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