News

NMSDC's Acres Program: Empowering Black Farmers Ahead of Deadline

NMSDC's Acres Program: Empowering Black Farmers Ahead of Deadline

NMSDC's Acres Program Supports Black Farmers

The National Minority Supplier Development Council (NMSDC) is thrilled to extend the application deadline for its innovative program, Acres: Cultivating Equity in Black Agriculture, until December 2. This initiative has gained significant momentum over its initial cohorts and is ready to begin its third chapter with fresh support from notable sponsors, including The Compass Food Foundation, Suntory Global Spirits, Bayer, and Papa John’s.

The Importance of Black Representation in Agriculture

Launched in 2022, the Acres program seeks to bridge the glaring gap in the agricultural sector concerning Black farmers. Current statistics reveal that only 1.4% of U.S. farmers identify as Black or mixed-race, a stark contrast to 14% a century ago. Moreover, the economic contribution of these farmers is minimal, accounting for less than 0.5% of all U.S. farm sales.

Collaborative Efforts for Change

This progressive initiative stems from a marriage of various stakeholders dedicated to fostering equity. Alongside NMSDC, partners like Cargill, UNFI, and educational institutions such as Southern University Ag Center are actively involved in addressing these disparities. Their collective mission is to empower Black-owned agricultural businesses and promote an equitable environment in the farming industry.

Eligibility Criteria for Participants

To participate in this transformative program, candidates must fulfill specific criteria aimed at promoting genuine and sustainable initiatives in agriculture. Key eligibility requirements include:

  • Farmers must operate a profit-centric agriculture enterprise within the U.S. or its territories, generating at least $25,000 annually.
  • Business entities must be at least 51% Black-owned and managed, aligning with the definitions set forth by NMSDC.
  • Entry requires the farm to be directed and run by its Black ownership.
  • Applicants should possess a minimum of two years’ experience in farming.
  • A registration with the Secretary of State in their operational state is necessary.
  • A dedicated business bank account must be established.
  • Proof of U.S. citizenship is essential for application.
  • Participants should commit to achieving NMSDC certification.

Call to Action

The NMSDC encourages eligible applicants to submit their applications as soon as possible and to circulate this opportunity within their networks. All applications must be received by December 2 at 11:59 p.m. EST.

Exploring the Benefits of the Acres Program

As beneficiaries of the Acres initiative, selected farmers will receive comprehensive support designed to enhance their business acumen and operational capacity, ultimately enabling them to compete for significant contracts with NMSDC's corporate members. With the backing of industry leaders, participants can expect a substantial boost in their opportunities for growth and development.

An Invitation to Participate

For those interested in exploring the benefits of belonging to the Acres program, more information and applications can be found directly on NMSDC's official site. This initiative is more than just a business program; it’s a pivotal opportunity for change and empowerment within the agriculture community.

Frequently Asked Questions

What is the NMSDC's Acres program?

The Acres program by NMSDC focuses on building equity in Black agriculture by supporting Black farmers through training and certification.

How can I apply for the Acres program?

Interested applicants can submit their applications through the NMSDC website by the extended deadline of December 2.

What criteria do I need to meet to apply?

Applicants must own a minimum of 51% of their farming business, produce at least $25,000 in annual revenue, and have two years of farming experience.

What support does the program provide?

The program offers business training, help with obtaining NMSDC certification, and access to national contracts through corporate members.

Why is this program significant?

This program addresses historical disparities in the agricultural sector, aiming to empower Black farmers and increase their representation in the industry.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

APP Group's New Conservation Efforts in Sumatra

Updated Category News Views 215

Taking a Bold Step Towards Conservation APP Group, in collaboration with Proforest, WWF-Indonesia, and KKI WARSI, is setting its sights on a more sustainable future with the PROTECT30 initiative. This isn't just another dime-a-dozen CSR project—it’s a concerted effort aimed at conserving Sumatra's precious Bukit Tigapuluh landscape. These folks are playing the long...

Continue Reading
Sussex County Data Breach Raises Security Concerns

Updated Category News Views 136

The Digital Fiasco: A Wake-Up Call Straight out of Sussex County in good ol' New Jersey, we’re staring down another data breach, folks. When you hear about a data privacy incident, there's always that same sinking feeling of another layer of personal security peeled away. This time, the Sussex County Prosecutor's Office got caught in the crossfire, with personal info...

Continue Reading
Future FinTech Under Investigation: Shareholder Impact Looms

Updated Category News Views 81

Future FinTech Faces Legal Scrutiny When the walls close in under financial suspicion, the spotlight can burn brighter than any anticipated market gain. That's precisely what Future FinTech Group Inc. (NasdaqCM: FTFT) is up against now. Kahn Swick & Foti, LLC, featuring the ex-Attorney General of Louisiana, Charles C. Foti, Jr., has begun scrutinizing the actions of...

Continue Reading
New Frontiers in Glaucoma Care: Less Drops Required?

Updated Category News Views 88

Eyeing New Glaucoma Treatment Strategies You think glaucoma treatment is all about popping eye drops day in and day out? Well, turns out, things are shifting down in Racine, Wisconsin. Folks at HelloNation have been spilling the beans on earlier glaucoma interventions that might just lighten your load of daily medications. Doctors I. Paul Singh and R. Krishna Sanka...

Continue Reading
Johnson & Johnson Unveils Promising PsA Treatment Data

Updated Category News Views 143

A Game-Changer in Psoriatic Arthritis Treatment? Johnson & Johnson just tossed a headline-grabbing bone into the world of psoriatic arthritis with their new ICOTYDE results. For anyone tangled in the chronic web of psoriatic arthritis, hearing about a potential new treatment like ICOTYDE comes with cautious hope. Between stiff joints and rashy skin, sufferers are often...

Continue Reading
J&J's New Study: Sjögren’s Solution Insight Sparks Debate

Updated Category News Views 77

Patient-Centric Take on Sjögren's Disease Johnson & Johnson has dropped fresh Phase 2 results on nipocalimab, reminding everyone they're at the helm of reshaping treatments for Sjögren's disease (SjD). A condition leaving about four million folks craving better days, in multiple ways, shines a light on what's gripping patients the hardest. It's hard not to sit up and...

Continue Reading
212NYC Gala Celebrates Ad Industry's Human Touch

Updated Category News Views 208

The Advertising Gala with Heart When you toss nearly 300 advertising honchos into a room at Tribeca's Rooftop, you don't just get another bash; you get an industry checkpoint. This time, the 212NYC shindig on November 5, 2026, wasn't just about stroking egos. It was about spotlighting the soul in business, right when AI threatens to run wild with it. Navigating AI's...

Continue Reading
Madrigal Faces Legal Scrutiny Amid Whistleblower Claims

Updated Category News Views 204

The Storm Brewing Over Madrigal Pharmaceuticals Well, folks, here we are smack dab in the middle of another roller-coaster ride in the biotech sector, and it ain't pretty. Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) is in hot water with some serious allegations thrown their way. The company is now under investigation by Kessler Topaz Meltzer & Check, LLP, a top-notch...

Continue Reading
Paris Baguette Pioneers Drive-Thru in Oklahoma

Updated Category News Views 63

Tapping The Unseen Potential In Bakery Cafes Every so often a business move comes along that makes you sit up and say, "Why the hell haven't they done this before?" Paris Baguette has finally cracked that code, rolling out its first-ever drive-thru in Moore, Oklahoma. Now, imagine yourself zipping through for a croissant without leaving the comfort of your car seat. Makes...

Continue Reading
Aurora Innovation Faces Legal Heat Amid Delays

Updated Category News Views 76

Production Snags at Aurora Innovation Ah, investing – not for the faint-hearted. One day you're riding high, the next you're scraping by, and Aurora Innovation's (NASDAQ:AUR) investors just hit a rough patch. The autonomous trucking darling announced unexpected delays in its delivery schedule, sending shockwaves through its stock price and shaking investor confidence....

Continue Reading

Top 5 Most Recently Viewed Articles

Pedro Langa Takes the Helm as Indigo Ag's New CFO

Updated Category News Views 351

Pedro Langa Appointed Chief Financial Officer at Indigo Ag Indigo Ag has named Pedro Langa as its new Chief Financial Officer, effective immediately. This decision follows an extensive recruitment process that aimed to find the best fit for this vital role. Langa comes with over two decades of experience in finance across various sectors, particularly in food and...

Continue Reading
Vuzix Corporation Achieves Historic Milestone with VUZI Stock

Updated Category News Views 304

Vuzix Corporation Stocks Hit New Heights Vuzix Corporation (NASDAQ: VUZI) has recently made headlines by reaching a remarkable 52-week high, peaking at $3.97. This achievement signals a strong market confidence in the company, as the stock has realized an impressive 188.72% return over the past six months. Despite the surge, it remains crucial to navigate the analysis...

Continue Reading
Dogecoin Rises as Bitcoin Stabilizes; Analysts Eye $90K Soon

Updated Category News Views 189

Bitcoin's Roller Coaster and Dogecoin's Surge The cryptocurrency market is always buzzing, and recently, Bitcoin has paused its rally, attracting significant interest as it hovers just above $67,000. The king of meme coins, Dogecoin, on the other hand, has seen a remarkable rise, with its value increasing over 7% in a single day. Recent Performance of Major...

Continue Reading
Nokia Corporation's Significant Share Repurchase Initiative

Updated Category News Views 140

Nokia Corporation's Strategic Share Repurchase Plan Nokia Corporation is taking bold steps to strengthen its market position and boost shareholder value through a proactive share repurchase program. This initiative signifies Nokia's commitment to managing its stock efficiently while providing returns to its investors. Details of the Share Repurchase Recently, Nokia...

Continue Reading
Innovative Investment Fuels Okika Devices' Future Growth Strategy

Updated Category News Views 222

Strategic Investment Boosts Okika Devices Advancement Colorado ONE Fund, which is part of the ONE Funds initiative, has made a major investment in Okika Devices, a company recognized for its innovation in Field Programmable Analog Array (FPAA) technology. This investment aligns with Colorado ONE Fund's mission to support technologies that advance the local innovation...

Continue Reading