The USDA has recently opened their Value-Added Producers Grant. This grant helps value-added producers create new products, new marketing opportunities, and increased income.
The planning grant can be used to pay a qualified consultant and get support in developing a business plan, marketing plan or feasibility study. The working capital grant may be used to pay employees’ salaries, purchase raw commodity inventory, or pay for marketing campaigns.
This grant requires a cost-share match of 100% of the grant amount. The grant closes on May 11th, and CAIC has a dedicated grant writer who can help interested parties plan and write the grant. Please visit this link to understand the eligibility requirements. MARBIDCO has announced that they will be supporting with 15% match although their applications close on May 1st.
If you are currently growing an agricultural product and using it to create a value-added product or if you’re considering using your raw commodity to create a new value-added product, you will qualify. Just reply to this email or submit an application form and someone from our team will reach out to you.