Missouri's agricultural sector, a crucial component of the state's economy, receives a significant boost with the launch of the Missouri Agriculture, Food and Forestry Innovation Center (MAFFIC).
Backed by a $1.3 million USDA grant and a collaboration between the University of Missouri and the Missouri Agricultural and Small Business Development Authority (MASBDA), MAFFIC aims to support and nurture the growth of local agribusinesses.
As a valuable resource, MAFFIC assists agricultural producers in enhancing their business skills, enabling them to transform innovative ideas into successful ventures or expand existing businesses. The center's team of 13 knowledgeable advisers offers guidance on various aspects, including market analysis, financial record-keeping, cost evaluation, and food safety, equipping entrepreneurs with the tools to excel in their respective fields.
MAFFIC has already made a positive impact by working with 65 small business owners involved in niche markets, such as wood products, farm-finished meat, honey, and elderberry goods. Supported by a board of directors comprising industry leaders, the center ensures oversight and input from experienced professionals.
For agricultural entrepreneurs seeking to explore or expand value-added businesses, MAFFIC provides a wealth of resources and technical assistance. The center's website, missouriaginnovation.com, serves as a gateway to valuable information and facilitates requests for support.
With MAFFIC's expertise and commitment to empowering agribusinesses, Missouri's agricultural sector is poised for continued growth and success. Link to MAFFIC: https://missouriaginnovation.com/
Photo Credit: GettyImages-Pra-chid
Categories: Missouri, Business