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Agricultural News

Agricultural Enhancement and Diversification Program Deadline Quickly Approaching

Fri, 17 Jun 2011 08:58:31 CDT

The Agricultural Enhancement and Diversification Program (AEDP) helps fund qualified agriculture-related projects across the state with zero percent interest loans and grants. The program goal is to expand the state's value-added sector and encourage farm diversification.


There are four types of funding sources available including a farm diversification grant, a marketing and utilization loan, a cooperative marketing loan, and the basic and applied research loan/grant. The application process is fairly simple and applications are accepted quarterly. The next deadline is July 1.


AEDP funds can be used for a variety of projects. Requirements for the program stipulate that funding be used to produce agriculture-related products and must create rural economic development. Applicants must be 21 years of age and must reside in and be a legal resident of Oklahoma. The application form and additional information about each loan can be found at www.oda.state.ok.us/mktdev-loans.htm.


It's never too late to complete an application. Program coordinators Gary Bledsoe and Jason Harvey are available to assist in the completion and review of applications prior to submission. Call Jason Harvey at 405-522-5563 or Gary Bledsoe at 405-830-1341.


The Agricultural Enhancement and Diversification Program is administered by the Oklahoma Department of Agriculture, Food, and Forestry.



   

 

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