USDA VALUE ADDED PRODUCER GRANTS
- Value Added Producer Grants assist agricultural producers enter into value-added activities related to the processing and/or marketing of new products, create and expand marketing opportunities, and increase producer income.
- An applicant must be an independent producer, agricultural producer group, farmer or rancher cooperative, or majority-controlled “producer-based business venture” (the “Grant Applicant”).
- A successful Grant Applicant may use the proceeds of the Value Added Producer Grant for: (a) planning activities related to producing and marketing a value-added agricultural product (such as planning activities include conducting feasibility studies and developing business plans for processing and marketing the proposed value-added product, and (b) working capital expenses related to producing and marketing a value-added agricultural product (such as processing costs, marketing and advertising expenses, and some inventory and salary expenses).