Resource Details
Agriculture, Business
Agriculture Innovation Center Program
The purpose of this program is to establish and operate Agriculture Innovation Centers (Centers) that provide technical and business development assistance to Agricultural Producers seeking to engage in developing and marketing of Value-Added Agricultural Products.
Matching funds are required for at least one-third of the total project budget. For example, if the total project budget is $1,500,000, matching funds must be at least $500,000. Matching funds may be provided in cash by the applicant or a third party or in-kind by a third party. They must be available for use during the period of performance, and they must be used for allowable expenses.
Eligibility
Eligible applicants include local governments, state governments, federally-recognized Indian Tribes, institutions of higher education, nonprofit organizations, and commercial organizations.
Eligible grantees will use funds to operate an agriculture innovation center and provide business development services, market development services, financial advisory services, process development services, organizational assistance, value chain coordination, product development, and grants of $5,000 or less to agricultural producers for the above services.
Top Benefits
- Can receive as much as $1,000,000
U.S. Department of Agriculture
Provides leadership on food, agriculture, natural resources, rural development, nutrition, and related issues based on public policy, the best available science, and effective management.
Contact
202-720-1400
Related Resources
Business, Economic Development, Education & Schools, Health & Mental Health
USDT New Markets Tax Credit Program
U.S. Department of the Treasury
The NMTC Program attracts private capital into low-income communities by permitting individual and corporate investors to receive a tax credit against their federal income tax in exchange for making equity investments in specialized financial intermediaries.