Meat Business Innovation Act of 2024

The Meat Business Innovation Act of 2024 establishes regional initiatives to support meat businesses through direct assistance and competitive grants. These initiatives, located in areas with strong livestock farming histories, will provide services like business consulting, food safety training, and research on sustainable product innovation. The program allocates $30 million annually from the Commodity Credit Corporation, prioritizing small businesses, cooperatives, and those focusing on sustainability or returning profits to farmers. It aims to modernize processing, expand market opportunities, and improve animal welfare practices without duplicating existing programs.