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agriculture

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$20 Million Agriculture and Food Investment Fund Aims to Improve Black Health and Wellness

TPP Capital Holdings (TPP) is a Black owned impact fund manager and healthcare real estate development firm on a mission to change the face of Black health by investing in agribusiness, agriculture, indoor vertical farms/greenhouses, farmland development, health-focused food and beverage enterprises with Black and Brown ownership located in federally qualified opportunity zones throughout the country.

To date, TPP has commitments to provide direct investments through Fund I, including a $2M investment commitment in Vertical Harvest LC3, a Jackson, Wyoming, agri-business that has built a profitable sustainable model for urban hydroponic farms. Other commitments include a $5M equity investment in the construction and operation of a 70,000-square-foot greenhouse that will grow one million pounds of fresh produce annually. The site will be accompanied by 50 affordable units housing for farm workers.

In this interview with founders Anthony Miles and Clinton Bush, we discuss TPP’s plan to reduce food deserts, health disparities, and burdens of chronic medical conditions in the Black community. We also discuss how they can help Black entrepreneurs manufacture healthy food and beverage brands.

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Tony O. Lawson


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FAMU Secures $750,000 in Federal Scholarship Funds to Attract Students To Study Agriculture and Food Sciences

Florida A&M University’s (FAMU) College of Agriculture and Food Sciences (CAFS) received $752,632 in federal funds for scholarships to attract high achieving students.

Funding from this 1890 Scholarship Program will provide 49 new scholarships for entering freshmen to pursue and obtain their baccalaureate degrees in food and agricultural sciences from FAMU in four years, and for qualified, transfer students in two years.

“The timing of this scholarship funding could not be more opportune,” said FAMU President Larry Robinson, Ph.D. “The present circumstances reinforce the need for us to train more scholars who can make advances in issues such as food security and create other opportunities in agriculture. These funds will allow FAMU to bring much needed and diverse talent to this area of critical need for our nation.”

The funding is one of 19 awards totaling $14 million to 1890 land grant colleges, which are historically Black colleges and universities (HBCU), from the U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA).

The funding is made possible through NIFA’s 1890 Scholarships Program, authorized by the 2018 Farm Bill. FAMU alumnus U.S. Rep. David Scott, D-Ga., is credited with the scholarship appropriation’s inclusion in the legislation.

The grant program seeks to address a critical question facing the food and agricultural sciences industry, how does it attract more talented young, diverse persons into agricultural jobs, said CAFS Dean Robert Taylor.

“Indeed, this continues to be the major question that is being asked by faculty and administrators in the College of Agriculture and Food Sciences at FAMU, as it tries to respond to the low, and in some cases, declining enrollment in some of its critical academic programs,” Taylor said.

With state and federal funding for education on the decline, the student debt burden continues to be high. The overall goal of this 1890 Scholarships Program is to address that issue by providing scholarships to support the recruiting, engaging, retaining, mentoring, and training of outstanding students as they pursue baccalaureate degrees in the food and agricultural sciences in CAFS at FAMU.

Scholars will be recruited from across Florida and from neighboring states, such as Georgia and Alabama. High achieving students will be invited to apply to the FAMU 1890 Scholarship Program. In order to be selected, students must meet or exceed the stated criteria for the various scholarships advertised.

“This funding will help CAFS cultivate and graduate more diverse leaders, who will be well equipped to address and solve future emerging challenges in food and agricultural sciences,” Taylor said.

 

Source: FAMU News


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