Blueberry Farm Continues to Grow Expand Markets

first_imgAn established, wild blueberry producer that employs about 85 Nova Scotians will receive a provincial loan guarantee to continue to grow its business during tough economic times. Blueberries cultivated and processed by Rainbow Farms Limited in Hants County are sold around the world, with demand increasing in the United Kingdom and Japan, in particular. The province’s Industrial Expansion Fund will provide $1.5 million for the company to grow and maintain its full-time positions and $1-million payroll. “We are pleased to support this successful company that makes a significant contribution to the agriculture industry in Nova Scotia,” said Murray Scott, Minister of Economic and Rural Development. “The company is not only an important employer for Hants County, but its business creates significant spinoffs for the local community and for producers across the province.” The investment complements Select Nova Scotia and Taste of Nova Scotia by supporting the variety and quality of food that the province has to offer to domestic and international markets. “Supporting this homegrown, family-owned business, which has 3,000-plus acres of natural blueberry land for development and future production, is vital,” said Agriculture Minister Mark Parent. “The wild blueberry industry is experiencing dramatic growth and Rainbow Farms is actively seeking new markets for its products.” As a result of the world-wide economic and credit crisis, successful companies operating in Nova Scotia are experiencing challenges accessing capital from banks. With the Industrial Expansion Fund, the government of Nova Scotia is able to provide access to capital and help protect jobs and support businesses to be more competitive and sustainable.last_img

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