Thursday, January 28, 2010

Grant Opportunity for Farmers Wanting to Do Value-Added Agriculture

This information is an excerpt from the Triad Business Journal with a link to the complete article:
"The N.C. Value-Added Cost Share program is accepting applications for the spring funding cycle. The program is administered by N.C. MarketReady, part of the educational outreach efforts of Greensboro’s N.C. A&T State University and Raleigh’s N.C. State University. It is supported by the N.C. Tobacco Trust Fund Commission to support the development of value-added agricultural operations, an emerging sector of the state’s agriculture. A value-added product is a raw agricultural commodity that has been changed in some manner so that it no longer can be returned to its original state, resulting in increased market value and allowing the producer to receive a higher price. Chopped lettuce, fruit jams and stone-ground corn meal are a few examples. It can also include production methods, such as organic, or generating farm-based renewable energy. The Value-Added Cost Share program works with the U.S. Department of Agriculture to reduce costs associated with professional services and equipment purchases not funded by USDA grants. Equipment cost-share awards will vary from 25 percent to 50 percent of the total cost of equipment, up to a maximum of $25,000. Applications for spring 2010 are available online at http://www.ncmarketready.org/ and are due by March 30. Recipients will be notified by June 1.

For the full article go to:  http://triad.bizjournals.com/triad/stories/2010/01/25/daily50.html

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