Tuesday, June 23, 2015

Hemp Seed Processing and Equipment Storage Projects Among 38 Agricultural Incentives Approved

Source: kentucky.realestaterama.com

More than $5.3 million invested in Kentucky Agricultural Development Fund
Frankfort, Ky. – June 22, 2015 – (RealEstateRama) — The Kentucky Agricultural Development Board, chaired by Gov. Steve Beshear, approved $5,328,053 for 38 agricultural diversification and rural development programs across the Commonwealth during its June board meeting.

Hemp Seed Processing

Atalo Holdings was approved for up to $500,000 in a combination of Kentucky Agricultural Development Fund grant and loan monies to purchase equipment for an industrial hemp seed processing facility in Clark County. Currently Atlao is contracted with 30 producers from 12 counties that will raise 545 acres of industrial hemp. For more information about this project, contact Andrew Graves at 859-321-3490 or Brickworks.graves88 (at) gmail (dot) com.



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