(Anita) Bailey Beef Processing in Anita was one of 13 businesses receiving Butchery 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. For fiscal year 2024, the State of Iowa appropriated $1 million for the program. The maximum award amount is $100,000 and no more than 50% of the eligible project expenses may be paid with these grant funds.
IEDA received 18 applications, requesting more than $1.3 million. Based on program eligibility and funding, the IEDA Board awarded $970,560 to 13 applications that received the highest average score.
Bailey Beef Processing was awarded $41,500.
