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Alternative Agricultural Research and Commercialization Corporation: Difference between revisions
Alternative Agricultural Research and Commercialization Corporation (view source)
Revision as of 00:10, 29 December 2024
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{{Organization | |||
|OrganizationName=Alternative Agricultural Research and Commercialization Corporation | |||
|OrganizationType=Government corporations | |||
|Mission=AARCC was established to invest in small businesses for developing and commercializing new nonfood agricultural and forestry products, aiming to enhance agricultural diversification and economic value. Its mission was to foster innovation in agriculture by bridging the gap between research and commercialization. | |||
|OrganizationExecutive=President (position no longer active) | |||
|Employees=Not available (organization no longer exists) | |||
|Budget=Discontinued (last operational budget not publicly detailed) | |||
|Website=None (organization defunct) | |||
|Services=Venture capital for agricultural innovation; research commercialization | |||
|ParentOrganization=United States Department of Agriculture | |||
|CreationLegislation=[[Farm Bill of 1990]] (P.L. 101-624); authority repealed in [[Farm Security and Rural Investment Act of 2002]] (P.L. 107-171) | |||
|Regulations=Not applicable (organization no longer exists) | |||
|HeadquartersLocation=Not applicable (organization no longer exists) | |||
|HeadquartersAddress=None (organization defunct) | |||
|Wikipedia=None | |||
}} | |||
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 [[United States Congress|Congress]] repealed the authority for AARCC in the | As authorized by the 1990 [[farm bill]] (P.L. 101-624), the '''Alternative Agricultural Research and Commercialization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 | ||
2002 farm bill (P.L. 107-171, Sec. 6201). | 2002 farm bill (P.L. 107-171, Sec. 6201). | ||