NIHFC Projects
NIHFC Projects come from the BAPs. Projects are the way that BAPs goals and objectives get accomplished.
Project are subject to the following criteria:
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THINK BIG - not that the project has to be large, it should consider the end-to-end enterprise of the NIHFC. What impact will it have on the segments of Growers/Farmers, on the segment of the Off Takers or on the segment of the investors?
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SCOPE SMALL - does the project fall under the full authority of the NIHFC Board or does it depend on other authorities?
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SCALE FAST - can the project be accomplished within ninety days?
BAP 1 - Project 001 - NIHFC As A NGC
The NIHFC seeks to transition to a New Generation Cooperative (NGC) business model. This entails moving from a for-profit to a not-for-profit and seeks to issue shares of preferred stocks to Growers/Farmers, Off Takers and Investors. This project entails a NIHFC Steering Committee to re-form the NIHFC working with the Nevadas Secretary of State.
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Steering Committee
Funding Estimate: $1500
BAP 2 - Project 002 - NIHFC And Mining
The NIHFC considers the north Mason Valley Wabuska region as a prime business opportunity zone. 65 miles northeast of Reno, the opportunity for growing the industrial hemp industry is immense. The NIHFC will be working with local mining companies for using industrial hemp to phytoremediate contaminated soils.
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NIHFC Research & Development Subcommittee
Estimated funding: $10K
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BAP 4 - Project 003 - Light Manufacturing
The NIHFC considers the north Mason Valley Wabuska region as a prime business opportunity zone. 65 miles northeast of Reno, the opportunity for producing hemp bio char. This will require acreage, a small manufacturing facility, to scale equipment, permits etc along with an assured supply of hemp fiber. All of this is in the works for this year.
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NIHFC Member: American Hemp Corporation LLC
Estimated funding: $TBD
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BAP 2 - Project 004 - Geothermal Hot Houses
The NIHFC desires to provide organic farm to table produce to the surrounding region through construction of hot houses fueled by geothermal trailings.
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NIHFC Operations Subcommittee
Estimated funding: $TBD
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BAP 2 - Project 005 - Geothermal Fish Farm
The NIHFC desires to provide fish farming to the surrounding region through construction of hot houses fueled by geothermal trailings. This would complement salmon fish farming being constructed in Lovelock.
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NIHFC Operations Subcommittee
Estimated funding: $TBD
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