Tribal Business to Get $300K Matching Grant
LOWER BRULE – A South Dakota tribe will receive $300,000 in federal money to promote the sales of its popcorn as part of an attempt to boost the reservation’s economy.
Agriculture Secretary Tom Vilsack tells The Argus Leader that the money will go to a corporation of the Lower Brule Tribe to help overcome disadvantages its farm enterprise faces in the marketplace.
The money is part of a matching grant. The tribe will put up $310,000 of its own cash to commit a total of $610,000 toward marketing its Lakota Foods popcorn. The grant is one of 110 awards totaling $16.9 million the USDA is issuing as part of its annual value-added producer grant program.
Lower Brule tribal chairman Michael Jandreau says he’s hopeful the money will help improve marketing efforts.
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