BY KELLY MADSEN | IOWA ENERGY CENTER
The funding, available through the USDA Value-Added Producer Grant (VAPG) program, helps agricultural producers nationwide create new products, expand agricultural market opportunities, further process existing products or goods, or develop specialty products.
Innovative bioenergy products, such as fuel or electricity feedstocks, are included in the wide-ranging category of value-added products. Advancing local bioenergy products allows for farmers to generate new income opportunities and strengthen rural economies with new job opportunities and energy markets.
Eligible applicants should submit applications before Feb. 24, 2014 to be considered for the working capital and planning activities grant opportunities. Applications will be awarded on a competitive basis.
The maximum working capital grant is $200,000; the maximum planning grant is $75,000. Applicants must match funds equal to at least the amount of grant funds requested.
For more information on the funding opportunity, visit the USDA VAPG page.