Earlier this month, the U.S. Department of Agriculture (USDA) announced details of a framework intended to transform supply chains in the food and beverage industry and provide more funding for companies filling a demonstrated need. The framework is a response to the challenges revealed by the COVID-19 pandemic and supply chain disruptions due to Russia’s war in Ukraine and aims to improve the food supply chain at every step between farm and fork.
Significant funding is available to qualifying companies as part of the framework, including:
Baker Tilly’s food and beverage industry team can help companies considering applying for funding through the framework. Our team can help clients evaluate the opportunity through third party feasibility assessments and more.
In addition, our project development office can assist companies looking to expand or relocate as part of investments in supply chain infrastructure. This team of specialists can help perform site suitability assessments, recommend potential locations based on labor availability and help companies navigate relationships with economic development groups to maximize tax incentives.