Agricultural News
USDA Value-Added Grants Available to Ag Producers
Fri, 14 Sep 2012 10:38:01 CDT
USDA Rural Development State Director Ryan McMullen encourages Oklahoma ag producers interested in adding value to their commodities to check out the Value-Added Producer Grant (VAPG) program. His office will accept applications for the VAPG program through October 15, 2012.
The program is designed to help agricultural producers add value to their raw commodity prior to sale. This can include the development of marketing strategies or the development of business plans for the viable production of products from agricultural commodities.
Applicants may apply for either a Planning Grant of up to $100,000 or a Working Capital Grant of up to $300,000.
"Value-added agriculture not only improves margins for producers, but allows a greater amount of wealth creation to be retained in rural areas," said McMullen. "Agriculture is the economic backbone of most rural communities. Value-added ventures should be a critical part of a rural community's job creation strategy."
Eligible applicants are independent producers, farmer and rancher cooperatives, agricultural producer groups, and majority-controlled producer-based business ventures. Grants will be awarded to applicants proposing economically viable and sustainable projects directly related to the processing and/or marketing of value-added products.
More information is available by contacting USDA Rural Development at 405-742-1060 or by clicking here for their website.
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