VDACS News Releases
October 31, 2016
Twenty Virginia Companies Receive Value-added Grants Totaling $3.9 Million
Contact: Elaine Lidholm, 804.786.7686
The Virginia Department of Agriculture and Consumer Services announced today that 20 Virginia companies will receive value-added grants from the USDA to help farmers, ranchers, small businesses and entrepreneurs develop new product lines. Grants ranged from $49,999 to $250,000 each for a wide variety of agricultural products including beef, pork, fruits, vegetables, baked goods, wine, seafood, cheese, peanuts and cosmetics made from beeswax.
The companies include:
Value-added Producer Grants provide a much-needed source of financing to help producers develop new product lines, increase their income and keep that income in their communities. The grants can be used to develop new product lines from raw agricultural products or promote additional uses for established products. Veterans, socially disadvantaged groups, beginning farmers and ranchers, operators of small- and medium-sized family farms and ranches, and farmer and rancher cooperatives receive special priority from USDA.
This year recipients nationwide received $45 million in value-added grants. Since 2009, USDA has awarded 1,442 VAPG awards totaling $183.2 million.
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