LANSING, MI (AP)-- A loan and grant fund designed to address the lack of access to healthy food in underserved communities across the state, has been announced in Lansing.
The Michigan Good Food Fund will provide financing and business assistance to entrepreneurs involved in food production, distribution, processing, marketing and retail projects.
Details were released Monday.
Organizers are seeking potential borrowers, investors and other organizations. Other community events will be held Thursday in Grand Rapids, June 22 in Detroit and June 29 in Traverse City.
In addition to increasing access to healthy food, the program is expected to drive economic development and job creation.
Partners include the W.K. Kellogg Foundation, Fair Food Network, Michigan State University's Center for Regional Food Systems, and Capital Impact Partners.
Their goal is to raise $30 million.