Definition of Alternative Agricultural Research and Commercialization Corporation (AARCC)

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TeachMeFinance.com - explain Alternative Agricultural Research and Commercialization Corporation (AARCC)



Alternative Agricultural Research and Commercialization Corporation (AARCC)

The term 'Alternative Agricultural Research and Commercialization Corporation (AARCC) ' as it applies to the area of agriculture can be defined as ' Originally established by the FACT Act 1990 as the Applied Agricultural Research Commercialization Center, the purpose of the AARCC is to assist in the research, development, and commercialization of new nonfood products from agricultural and forestry commodities. AARC makes repayable equity investments, such as buying stock or taking a percentage of future sales (royalties), or both. The FAIR Act of 1996 changed the Center from a government agency to a wholly-owned venture capital corporation of USDA'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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