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Legal Definitions - AARCC
Definition of AARCC
The Alternative Agricultural Research and Commercialization Corporation (AARCC) is an entity established to promote and support the development and market entry of new and alternative agricultural products and practices. Its primary goal is to diversify the agricultural sector, foster innovation, and create new economic opportunities for farmers by funding research, development, and commercialization efforts for non-traditional crops, livestock, and farming methods.
Here are some examples of how the AARCC might apply:
Imagine a group of farmers in a region traditionally known for corn and soybeans. They want to explore growing industrial hemp for its fiber and oil, which are used in various manufacturing processes. The AARCC could provide a grant to fund research into the best hemp varieties for their soil type, develop efficient harvesting and processing techniques, and help them identify potential buyers in the textile or automotive industries. This illustrates the AARCC's role in supporting the commercialization of an alternative agricultural product to diversify local farming income.
Consider a startup aiming to develop a sustainable urban farming system using hydroponics to grow specialty herbs and leafy greens year-round. They need funding for advanced research into nutrient solutions, energy-efficient lighting, and market analysis to determine consumer demand. The AARCC could offer financial assistance to help this venture refine its technology, establish a pilot farm, and create a viable business model for selling fresh produce directly to local restaurants and grocery stores. This demonstrates the AARCC's support for innovative, alternative agricultural practices and their commercial application.
A small family dairy farm wants to move beyond selling raw milk to a large processor. They envision creating a line of artisanal, farm-branded yogurts and cheeses to sell directly to consumers at farmers' markets and through a local food cooperative. The AARCC could provide funding for market research, equipment upgrades for processing and packaging, and assistance with developing a brand and marketing strategy. This exemplifies the AARCC's function in helping farmers commercialize value-added alternative products derived from traditional agriculture, thereby increasing their profitability and market reach.
Simple Definition
AARCC stands for the Alternative Agricultural Research and Commercialization Corporation. It was a U.S. government corporation established to support research into and commercialization of new, non-food agricultural products and alternative farming methods. Its purpose was to help farmers diversify their operations and find new market opportunities.