Agribusinesses Can Apply for Ag Enterprise Fund Cost Shares
Jun 27, 2022
AEF grants are awarded to agricultural businesses in Tennessee that demonstrate a potential for impact on local farm income, access to markets, increased capacity, or agricultural innovation. The program prioritizes businesses located in or adjacent to economically at-risk or distressed counties.
“The strategic investments made from the AEF program have shown to create a $17.55 economic impact from every dollar we put in,” said Agriculture Commissioner Charlie Hatcher, D.V.M. “Ag and forestry businesses that are starting out or investing in their growth are ideal applicants for the program. We want to help strengthen those businesses to support cumulative economic improvements in the communities they serve.”
The application for the AEF program can be found online at agriculture.tn.gov/AEF/AEF_Application/Create, and the deadline to apply is July 15, 2022. Businesses must include proof of financing and a business plan with their application for it to be considered.
Since 2017, the Agricultural Enterprise Fund has awarded nearly $7 million in funding, leading to more than $98 million in private investments from agriculture and forest-product business development. You will find more information about the Tennessee Agricultural Enterprise Fund at www.tn.gov/agriculture/businesses/aef.html or by emailing Will Freeman at email@example.com.
For more content like this, check out the latest issue of The Cooperator.
Read More News
The State Veterinarian is advising horse owners to be alert after another confirmed case of Potomac Horse Fever (PHF) in Tennessee. This week’s detection in a horse in Wayne County is in addition to two cases earlier this month in DeKalb and Rutherford Counties.
Every 4-H’er knows the project portfolio is the culmination of years of work on the part of the youth. Whether they choose to learn in depth about what it takes to rear a calf or colt, how to manage and coordinate a garden, or how to research and present a first-rate presentation, the 4-H project portfolio represents tremendous effort on the part of senior 4-H students. Now they can get college credit for their work.