Department of Agriculture Announces New Agribusiness Development Grant

This week, the Tennessee Department of Agriculture announced the Agriculture Enterprise Fund (AEF), a new agribusiness development grant that will provide assistance to new and expanding Tennessee agriculture and food businesses.

The AEF is an incentive program, with goals of eliminating distressed counties in Tennessee by 2025. It will focus on increasing on-farm income, farmers access to markets and agricultural innovation. The program supports Governor Bill Haslam’s priority of economic development and job creation, and is administered by the Department of Agriculture in conjunction with the Department of Economic and Community Development, a Rural Task Force partner.

It is encouraged that interested applicants apply for a grant soon, as the Department of Agriculture is accepting applications on a rolling basis. You can visit this webpage for further details on how to apply.

To check out more from the original post, visit TN Department of Agriculture.

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