Armstrong, R.E. 1999. The AARC Corporation is a wholly-owned corporation of the US Department of Agriculture. In many instances, these products replace petroleum, or make use of an agricultural waste material.
Preference is given to projects that benefit rural communities and are environmentally friendly.
In summary, the economy of the 21st century will be biobased and venture capital provides active assistance to build and grow companies to meet the challenge. Agriculture has always been recognized as the foundation of manufacture and commerce. Improvements in plants and animals provide greater diversity of raw materials for manufacturing and commerce, and constant improvements in biological processing make biobased raw materials more affordable. An economy based on biology is more environmentally friendly than one based on geology, i.e., petroleum. Agricultural activities serve as the engine of job creation in rural America.