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Approximately
$30 million in funding is available to help agricultural producers enter into
value-added activities for FY 2015.
The
grants help agricultural producers increase their income by expanding marketing
opportunities, creating new products or developing new uses for existing
products.
The
maximum award per grant is $250,000 for working capital and $75,000 for
planning. Planning grants can be used to facilitate economic planning
activities to determine the viability of a value-added venture, and may include costs
for an independent feasibility study and development of a marketing and business plan.
Working capital grants are used for operational costs directly related to
processing and/or marketing of the value-added product.
USDA
Rural Development is funding an array of projects involving locally produced
and marketed foods. These include cheese, wine, reduced-cholesterol dairy
products, produce, packaged poultry, pork and beef products, and a variety of
processed or prepared foods from locally grown fruits and vegetables.
Applications must be submitted by July
7, 2015 in order to be considered for funding.
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