Value Added Producer Grants

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Date/Time
Date(s) - 02/17/2020 - 03/10/2020
All Day

Categories


Great farmer grant opportunities…

http://rd.usda.gov/programs-services/value-added-producer-grants

What does this program do?
The Value-Added Producer Grant (VAPG) program helps agricultural producers enter into value-added activities related to the processing and marketing of new products. The goals of this program are to generate new products, create and expand marketing opportunities and increase producer income.

Maximum Grant Amount: Planning Grants $75,000; Working Capital Grants: $250,000.

Matching Funds Requirements: 50 percent of total project costs.

Who may apply for this program?
Independent producers, agricultural producer groups, farmer- or rancher-cooperatives, and majority-controlled producer-based business ventures, as defined in the program regulation, are eligible to apply for this program.

How may funds be used?
Grant and matching funds can be used for planning activities or for working capital expenses related to producing and marketing a value-added agricultural product. Examples of planning activities include conducting feasibility studies and developing business plans for processing and marketing the proposed value-added product. Examples of working capital expenses include:

  • Processing costs.
  • Marketing and advertising expenses.
  • Some inventory and salary expenses.