Financing Local Food Factories

Urban Farm DB summary

This article proposes a new approach to financing local food, viewing it as a finance problem similar to urban manufacturing, to scale up local food production. It explores the necessity of large-scale urban agriculture, focusing on vertical farms, and examines creative financing examples like AeroFarms in Newark, New Jersey. The paper suggests deploying existing and potential financing types, modeled on economic development agreements, to advance local food initiatives.