The Department of Commerce Economic Development Administration awarded Colorado State University a $745,866 Project Grant under the Economic Adjustment Assistance (CFDA 11.307) federal grant program on March 4, 2021. The grant will fund the development of a regional food processing facility in Fort Collins, Colorado to support economic diversification. Colorado State University will evaluate the potential supply of regional produce, conduct market analysis to verify demand for value-added food products, and convene stakeholders to develop operational and financing models for a sustainable facility. Delta County Colorado will receive a sub-award to support development of an implementation plan, including site assessment, facility design, and financial modeling to attract investment. The plan aims to create local jobs by establishing market channels for products from the new preservation facility and supporting expansion of existing food manufacturers.
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