Ag Enhancement and Diversification Loan and Grant Deadline April 1st
Posted by arthur1234 on February 25, 2009
The Oklahoma Agricultural Enhancement and Diversification program has funding available for people with agricultural production or marketing ideas. Deadline for applications for loans and grants for the next quarter is April 1, and state agriculture officials are urging producers to take advantage of the program.
“This is the best program in the state for helping farmers and ranchers diversify their operations or develop creative marketing opportunities,” said Jason Harvey, marketing coordinator for the Oklahoma Department of Agriculture, Food, and Forestry. “Since its inception in 2000, the OAED program has helped build the state’s rural economy through diversified agriculture, value-added ventures and marketing opportunities.”
Agricultural diversification grants of up to $5,000 are available as well as interest-free loans in three categories: Cooperative Marketing Loans, Marketing and Utilization Loans, and Basic and Applied Research Loans.
Loans may not be used to purchase land, buildings or equipment. Eligible expenses include feasibility studies, business plans, legal expenses, consultant fees, product development and marketing.
Applications are available online from the ODAFF at www.oda.state.ok.us by clicking the “Loans” link. For more information contact Harvey at (405) 522-5563. The mailing address is Oklahoma Department of Agriculture, Food, and Forestry, 2800 N. Lincoln Blvd., Oklahoma City, OK 73105.
