Alternative Agricultural Research and Commercialization Corporation: Difference between revisions
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As authorized by the 1990 [[farm bill]] (P.L. 101-624), the '''Alternative Agricultural Research and Commercialization Corporation''' (AARCC) was originally established as the Applied Agricultural Research Commercialization Center in the [[USDA]] to be a public [[venture capital]] agency that would invest in small businesses to help them develop and commercialize new nonfood products from agricultural and forestry commodities. The 1996 farm bill (P.L. 104-127) changed the Center from a government agency to a wholly owned venture capital corporation of USDA. [[United States Congress|Congress]] repealed the authority for AARCC in the | As authorized by the 1990 [[farm bill]] (P.L. 101-624), the '''Alternative Agricultural Research and Commercialization Corporation''' (AARCC) was originally established as the Applied Agricultural Research Commercialization Center in the [[USDA]] to be a public [[venture capital]] agency that would invest in small businesses to help them develop and commercialize new nonfood products from agricultural and forestry commodities. The 1996 farm bill (P.L. 104-127) changed the Center from a government agency to a wholly owned venture capital corporation of USDA. [[United States Congress|Congress]] repealed the authority for AARCC in the | ||
Revision as of 00:11, 29 December 2024
Stored: Alternative Agricultural Research and Commercialization Corporation
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As authorized by the 1990 farm bill (P.L. 101-624), the Alternative Agricultural Research and Commercialization Corporation (AARCC) was originally established as the Applied Agricultural Research Commercialization Center in the USDA to be a public venture capital agency that would invest in small businesses to help them develop and commercialize new nonfood products from agricultural and forestry commodities. The 1996 farm bill (P.L. 104-127) changed the Center from a government agency to a wholly owned venture capital corporation of USDA. Congress repealed the authority for AARCC in the 2002 farm bill (P.L. 107-171, Sec. 6201).
References
This article incorporates public domain material from Jasper Womach, Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, Congressional Research Service, http://ncseonline.org/nle/crsreports/05jun/97-905.pdf
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