Business

Stafford EDA grants biggest loan to date to hydroponic farm

Stafford County Economic Development Department: “The Stafford County Economic Development Authority (EDA) closed on their largest loan to date on July 19, 2023 to Next Level Mosaic, LLC. The loan in the amount of $151,000 was through the EDA’s Business Growth Fund Program, which is used to bridge the gap between the business’s available funding and total startup costs. Next Level Mosaic will be using the loan to construct four (4) greenhouses, buy hydroponic growing equipment, and provide operational working capital. “

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