There are a number of grants and incentives available for Northeast agriculture businesses, but learning about their availability and navigating the application can be a challenge. To help with this process, Farm Credit East recently released a report identifying federal, regional and state grants, loan guarantees and other incentives available to assist Northeast producers of all types and sizes.
“Grants can be a great resource to raise the capital needed to take on larger projects,” said Nathan Rudgers, Farm Credit East director of business development and grant writing expert. “Unfortunately they’re often under-utilized because they can be time consuming and involve quite a bit of paperwork.”
The report includes funding opportunities available in the seven states served by Farm Credit East: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island. Programs are divided into broad categories according to their main focus: beginning farmers, business development, local foods, conservation, energy, organic and research.
“Matching the appropriate program to a producer’s activity or investment is a key part of the equation that we do well,” said Nathan. “After determining a grant’s applicability to a business’s objectives, we work with the producer to tell the story of what their farm or agribusiness is trying to achieve, ensuring the objectives and requirements of the application are met.”
To view the full Farm Credit East Knowledge Exchange Report, Grants and Incentives for Northeast Agriculture, visit FarmCreditEast.com. Also on FarmCreditEast.com, you can view a video interview with Nathan Rudgers on grant opportunities for Northeast producers.