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Follow on Google News |  USDA Value Added Producer Grants - Wert-Berater, Inc Experienced Feasibility Study ProviderUSDA Rural Development’s Value Added Producer Grant (VAPG) program helps eligible agricultural producers enter into value-added activities. Wert-Berater, Inc. provides feasibility studies for VAPG. 1.888.661.4449
Eligible Applicants • Independent producers • Farmer or rancher cooperative • Agricultural producer group • Majority- Reserve Funding available for • Beginning Farmer or Ranchers and Socially-Disadvantaged Farmers or Ranchers • Qualified Mid-Tier Value Chain Projects Product Eligibility Value-added agriculture product is any agricultural commodity or product that • Has undergone a change in physical state • Was produced in a manner that enhances its value • Is physically segregated in a manner that results in the enhancement of its value • Is a source of farm-or ranch-based renewable energy, including E-85 • Is aggregated and marketed as a locally produced agricultural food product Grant Amounts • There is no minimum grant amount • $300,000 maximum for working capital grants • $100,000 maximum for planning grants Use of Grant Funds Grants may be used for either planning or working capital purposes • Planning— • Working Capital—funds may be used to pay the project’s operational costs directly related to the processing and/or marketing of the value-added products. Examples include, but are not limited to, purchasing qualified inventory, paying qualified salaries, marketing and/or delivering the value-added product to consumers. Ineligible Grant Uses Applicants should review the program regulations for a detailed discussion of ineligible grant and matching fund uses. Funds may NOT be used for, among other things, the purchase of vehicles or equipment, to pay expenses related to the production of any agricultural commodity, or where there is a conflict of interest as defined in the regulations. Matching Funds: • At a minimum, grant recipients must match a dollar for each dollar of grant funds. Other federal grants cannot be used as match. Neither applicant nor family members can be compensated for participation in feasibility studies. For working capital grants, in-kind contributions may include appropriately valued inventory of raw commodity to be used in the project. For a working capital grant, a percentage of applicant and family member contribution can be accepted under limited circumstances. Application Process: Applicants are encouraged to contact USDA-RD well in advance of the deadline date to receive guidance in the application process. The regulation, Notice of Funds Availability, and an application template are available at http://www.rurdev.usda.gov/ FOR MORE INFORMATION USDA-Rural Development State Office Business & Cooperative Programs/Jesse Monfort Bopp 6200 Jefferson NE, Suite 255 Albuquerque, NM 87109 Phone: 505.761.4952 or 4953 Area Offices: Aztec: This condensed outline is an overview of the Value Added Producer Program. It does not contain the specific detailed language of the VAPG regulation and Notice of Funds Availability, and in no way alters the requirements as stated in those documents. _______________________________________________ Contact Wert-Berater ,Inc. at 1.888.661.4449 for your Feasibility Study http://www.wert- dsafranek@wert- Donald Safranek End
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