Innovative Enterprises In Agriculture Conference And Workshop Set For March

SS/innovat.pr 97-38 Contact: Todd M. Wilson (301) 217-2419

INNOVATIVE ENTERPRISES
IN AGRICULTURE CONFERENCE
AND WORKSHOP SET FOR MARCH For Immediate Release: February 12, 1997

Montgomery County's Department of Economic Development, the Montgomery
County Cooperative Extension Service and Montgomery College Continuing Education will
sponsor an Innovative Enterprises in Agriculture Conference and Workshop. The
conference will be held Saturday, March 1, from 8:30 a.m. - 3:30 p.m., at Montgomery
College's Germantown Campus, in the High Technology and Science Building's Globe Hall,
20200 Observation Drive, Germantown, Maryland.
This educational outreach conference will provide participants with an opportunity to
explore new, alternative enterprises to increase profits from their current farming operations
and to learn how they can diversify existing agriculture operations.
The first worksession will concentrate on farm income tax management and obtaining
capital and credit. The farm income tax management discussion will focus on profitable tax
management basics, carrying losses forward and backward, and other related issues. The
discussion on obtaining capital and credit will focus on what lenders look for when evaluating
a farm's financial situation. The speaker will review financial statements, liquidity, solvency
and profitability.

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INNOVATIVE ENTERPRISES WORKSHOP 2-2-2

The second worksession will highlight small plot fruit production, vegetable enterprise
opportunities for small farms and cut flower production.
The third worksession will introduce the aquaculture industry as an economic
development opportunity, and will address system engineering, design and economic viability
of fish production and the latest in aquaculture technology. It will also feature a presentation
on the economic opportunity of fee-fishing. With almost 70 percent of the world’s
conventional commercial species reaching their maximum harvest and the fact that in 1995
U.S. consumers purchased 3 billion pounds of fresh, frozen, domestic and imported seafood,
conference planners say this is a worksession which should not be missed.
For more information regarding the Innovative Enterprises in Agriculture
Conference and Workshop, contact Todd M. Wilson of the County's Department of
Economic Development at (301) 217-2419. To register for the conference, contact
Montgomery College at (301) 251-7912.

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