NCGrowth recently wrapped up an exciting project with Freedom Org, aimed at transforming agricultural access and economic opportunity in Edgecombe County, NC. The Freedom Org Farm Incubator & Equipment Share Program is designed to support new and underserved farmers by providing access to land, tools, and training—creating a path toward food security, economic resilience, and health equity. With 44% adult obesity, 5.2% unemployment, and rising food insecurity, Edgecombe County faces significant challenges. The region also has a majority Black and low-income population that has historically lacked access to agricultural resources and education. By creating an incubator for small farmers and a shared equipment program, Freedom Org and NCGrowth are addressing these disparities head-on. The Farm Incubator provides a 2–5 year training program where participants lease land plots, receive mentorship, and gain market access to build their farming businesses. Meanwhile, the Equipment Share Program allows farmers to rent tractors, irrigation systems, and harvesters through a leasing or membership model—ensuring that lack of capital is not a barrier to success. By Year 3, the program is expected to generate over $362,000 in revenue, breaking even in under two years. Revenue streams will come from land leasing, crop sales, livestock and poultry, and shared equipment rentals. The initiative is also forging partnerships with local schools, grocery distributors, and community-supported agriculture (CSA) networks to create long-term market opportunities. "Freedom Org’s incubator model isn’t just about farming—it’s about economic freedom, food justice, and empowering historically disinvested communities," said Dr. Darlene Deberry, Project Manager for NCGrowth. As this initiative moves forward, NCGrowth remains committed to supporting innovative solutions that drive inclusive economic development. Stay tuned for more updates on how this project will continue to grow and strengthen rural North Carolina!
On February 25, 2025, NCGrowth and the Kenan Institute for Private Enterprise hosted "Thriving in the Carolinas: Supporting Small Businesses and Communities" at the UNC Kenan Center. This drop-in style event attracted over 100 attendees, including entrepreneurs, community leaders, and students, all dedicated to fostering inclusive economic growth in the Carolinas.
Event Highlights:
This event was part of Carolina Engagement Week and was generously sponsored by Partner Community Capital, a Community Development Financial Institution supporting businesses and non-profits in underserved communities across Central Appalachia and the Southeast.
For more information on upcoming events and initiatives, visit NCGrowth's events page.