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CCFB News» January 2024

Applications being accepted for Value-Added Producer Grants

01/29/2024 @ 12:40 pm

USDA is accepting applications for grants to help agricultural producers maximize the value of their products and venture into new and better markets.

 

The grants will be made available through the Value-Added Producer Grants program. The grants help farmers and ranchers generate new products, create marketing opportunities and increase their incomes through value-added activities.

 

Based on FY 2023 appropriated funding, USDA estimates that approximately $30 million will be made available for FY 2024.

 

Eligible applicants include independent producers, agricultural producer groups, farmer or rancher cooperatives and majority-controlled producer-based business ventures.

 

USDA may award up to $75,000 for planning activities or up to $250,000 for working capital expenses related to producing and marketing a value-added agricultural product.

 

Planning activities may include conducting feasibility studies and developing business plans. Working capital expenses may include costs associated with processing, marketing, advertising, inventory and salaries.

 

Paper applications must be postmarked and delivered by mail, email or in person to the state office where the project is proposed by April 16. Electronic applications will be accepted via Grants.gov until April 11.

 

USDA is particularly interested in applications that will advance Biden-Harris Administration priorities to:

  • Reduce climate pollution and increase resilience to the impacts of climate change through economic support to rural communities.
  • Ensure all rural residents have equitable access to Rural Development (RD) programs and benefits from RD-funded projects.
  • Help rural communities recover economically through more and better market opportunities and through improved infrastructure.

 

Additional information is available on page 2919 of the Jan. 17 Federal Register or by contacting your local USDA Rural Development office.

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