Leading by example
While enabling crop and dairy farmers to improve their agricultural practices is at our core, Land O’Lakes International Development Division
places an equal emphasis on working with the private sector to build the value chains, markets and food systems that bridge supply and demand, and fuel the engine for sustainable development and lasting food security. Last year, we facilitated business development services for 5,751 enterprises, enabled 526 firms to improve their food safety and other practices and leveraged more than $13 million to enhance investments in agricultural and economic growth.
In Sri Lanka, through our USAID-funded VEGA/BIZ+ program, we are co-investing in the business plans of 36 enterprises to create 5,000 jobs for underemployed, conflict-affected communities, in industries like tourism, agribusiness and apparel, which is transforming the trajectory of formerly lagging economies. Through our USAID Kenya Feed the Future Innovation Engine, we are leveraging formal donor funds to invest in and scale up transformative agricultural innovations so that they will be suitable for venture capital and make a catalytic impact on improving food security.
Meanwhile, our USDA-funded Bangladesh Dairy Enhancement Program is partnering with local processors to co-invest in new milk collection centers, which will provide market linkages for our 17,000 client farmers, while maintaining the quality of raw milk.