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home : business : financial Tuesday, October 17, 2017

8/15/2016 1:58:00 PM Email this articlePrint this article 
MDA Grants Available To Add Value To Minnesota Agriculture
The Minnesota Department of Agriculture (MDA) anticipates awarding up to $1 million through the competitive Value Added Grant Program. Funding for the grants was established through the Agricultural Growth, Research and Innovation (AGRI) Program to advance Minnesota's agricultural and renewable energy industries.

The goal of the Value Added Grant is to increase sales of Minnesota agricultural products by diversifying markets, increasing market access, and increasing food safety of value-added products.

"Value-added businesses benefit the state of Minnesota in lots of ways," said Commissioner of Agriculture Dave Frederickson. "They utilize Minnesota grown agricultural products in creative ways and support our economy. It's exciting to watch Minnesota entrepreneurs improve their businesses with funding from the Value Added Grant Program."

New or established for-profit businesses may apply for funding to stimulate development of value-added agricultural products through added processing, marketing, or manufacturing. Grant funds reimburse up to 25 percent of the total project cost with a maximum award of $150,000 and a minimum of $1,000. Equipment purchases and facility improvements are eligible.

Applications must be received no later than 4:00 p.m. on Tuesday, September 27, 2016. Applications are available at www.mda.state.mn.us/grants/grants/valueaddedgrant.aspx and may be submitted online, by mail, or in-person.




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