Friday, January 8, 2010

Wisconsin encourages agricultural innovation

The Business Journal of Milwaukee recently highlighted the recipients of a grant which is encouraged to boost agricultural innovation. Agriculture is a key part of Wisconsin's economy, and they want to ensure they keep growing it and encouraging their farmers to come up with new innovative ideas that will grow the economy.

According to the article:
Since its inception in 1989, the Agricultural Diversification and Development grant program has generated more than $108 million in economic returns, including annual sales increases and cost reductions as well as other economic returns, according to post-grant surveys. Successful grant projects have resulted in more than 650 jobs created or retained, more than $42 million in new capital investment, and more than 500 new products.

Read the full list of the recipients here. What other programs have you seen that have encouraged innovation to this extent? What other states or countries have notable innovation grants?

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