"Funding for Agriculture Projects through the USDA's Value Added Producer Program" Webinar
In light of global food shortages and increasing prices for food products and other commodities, agricultural development has regained prominence in discussions in the U.S. and internationally. The USDA provides agricultural financing mechanisms to help agricultural producers fund their projects. The agency recently announced the availability of grants through the Value-Added Producer Grant (VAPG) program for Fiscal Year 2012. Approximately $14 million in competitive grant funds for FY 2012 is available to help agricultural producers enter into value-added activities.
Awards may be made for either economic planning or working capital activities related to the processing and/or marketing of valued-added agricultural products. The maximum grant amount for a planning grant is $100,000 and the maximum grant amount for a working capital grant is $300,000.
Westar Trade Resources has a long track record of successful grant applications and feasibility studies. In the last 7 years Westar Trade Resources has assisted 21 companies to submit proposals to the USDA VAPG program, and 19 companies were awarded grants for a total of $3,085,305.
The webinar will feature Cindy Thyfault, Founder and CEO of Westar Trade Resources, as well as Brian Wiles, Business & Community Programs Director of the Oklahoma USDA Office, and Billy Curb, USDA Renewable Energy Coordinator, from the Texas Office. Westar clients Rick Holder, Holder Brothers Beef, and Jonathan Berry, J Berry Nursery, will also discuss their success stories with the VAPG program and share details from their projects.
Holder Brothers Beef was recently awarded $300,000 to develop for natural beef retail outlets (Oklahoma). J. Berry Nursery also received $300,000 in 2007 and 2009 for working capital expenses for the development of a knock-out rose program and to create a new line of hibiscus products, respectively (Texas).
Don't miss the opportunity to obtain valuable information on the VAPG program and to learn more about how your project might qualify for USDA funds.
2012 Deadline - October 15, 2012