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Resources for Producers

If you're just getting started or want to learn more about selling your products, the Oregon Department of Agriculture has some great Farm Direct Resources for growers:

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Individual Development Accounts

Food Roots has been supporting food system entrepreneurs with access to Individual Development Accounts through our partnership with Casa of Oregon since 2009.

What is an IDA?

The Individual Development Account, or IDA, is an asset-building tool designed to enable entrepreneurs with modest financial resources to save money that they can invest in their existing or startup business. ​

 

With a Food Roots IDA, participants will receive a 5:1 match on their savings, so for every $1 saved, the program will match it with $5. In addition, participants build important business skills such as financial management and writing a business plan through required financial education classes, asset specific training and individual business counseling.

You may be eligible if:

  • You plan to expand or start up a food-system (farm, fish, value-added or prepared food) related business

  • You are a Tillamook or Clatsop County resident or vendor

  • Your Net Assets (net worth) are not more than $20,000 (what you own minus what you owe, not including your home, one vehicle, business assets and up to $120,000 of retirement savings.)

  • Your household maximum income is within these OR-IDA Income Eligibility Limits.

​How to apply for an IDA:

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Contact Lainie to schedule a meeting at 

503-815-2800 or ida@foodrootsnw.org

If you’d like more information on IDAs, partner organizations, or how you can purchase an IDA State Tax Credit, check out the Oregon IDA Initiative.

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