(Des Moines) Three southwest Iowa businesses received Butcher Innovation and Revitalization funds.
The Butchery Innovation and Revitalization Fund was designed to provide financial assistance in the form of grants to businesses for projects relating to small-scale meat processing, licensed custom lockers, and mobile slaughter units. The program was created during the 2021 Iowa legislative session and signed into law by Governor Kim Reynolds with a $750,000 allocation.
Atlantic Locker LC, in Atlantic, was awarded $39,750 (total project cost is $79,500); Corning Meat Processing Service Inc. in Corning was awarded $50,000 (total project cost is $100,500); and Country Meats Inc. in Arcadia was awarded $50,000 (total project cost is $100,000).
By administrative code, an application must score an average of 75 or more to be considered for funding. Fifty-four applications, requesting more than $2.4 million, received an average score of 75 or above. Based on available funding, the IEDA Board awarded 15 applications that received the highest average score.
