Previous Story
Applications now open for value added producer grant
|
Posted on Jul 06 2011
The USDA—Rural Development is accepting applications for the Value-Added Producer Grant until Aug. 29, 2011. The grant aims to assist independent producers of agricultural commodities, agriculture producer groups, farmer and rancher cooperatives and majority-controlled producer-based business ventures. The program offers a maximum grant of $100,000 for planning activities or a maximum of $300,000 toward working capital. There is no minimum grant awarded. Grant funds may be used to pay up to 50 percent of the total eligible project costs.
The primary objective of this grant is to help develop strategies to create marketing opportunities and to help develop business plans for viable marketing opportunities regarding production of bio-based products from agricultural commodities. Agricultural producers of all sizes may apply but priority will be given to operators of small and medium-sized farms or ranches that are structured as family farms, beginning farmers or ranchers, socially disadvantaged farmers and ranchers, mid-tier value chain projects and farmer or rancher cooperatives.
Grants are awarded competitively and applicants are encouraged to apply early. The anticipated award date is Nov. 30, 2011. More information can be found at: http://www.rurdev.usda.gov/BCP_VAPG_Grants.html.
To apply, contact your local USDA – RD office. [B][I](USDA)[/I][/B]
