Agricultural Enterprise Fund Accepting New Applications

Mar 22, 2021


The Tennessee Department of Agriculture (TDA) is accepting applications from agricultural, food, and forestry businesses to receive cost-share funding through its Agricultural Enterprise Fund (AEF) program.

The AEF awards grants to starting or expanding businesses in Tennessee and supports Governor Lee’s priorities in distressed counties. Awards are made to those who demonstrate a strong potential for impact on local farm income, access to markets, increased capacity, or agricultural innovation.

“We look forward to supporting strong and impactful projects across our state with these strategic cost-share investments,” Commissioner Charlie Hatcher, D.V.M. said. “The positive results from previous grant recipients are evident, and we anticipate continued growth of agribusinesses through this round of the Agricultural Enterprise Fund.”

The application for the AEF program can be found online here, and the deadline to apply is April 1, 2021. Businesses must include proof of financing and a business plan with their application for it to be considered.
“The Agricultural Enterprise Fund program allowed us to expand in ways that will impact not just us, but our local economy,” Claire Getty of Thompson Appalachian Hardwoods in Huntland said. “We now work with more loggers and forest landowners from our community, our county, and our region.”

In total, AEF has awarded nearly $4.3 million in funding to Tennessee businesses, leading to more than $59 million in private investments from agriculture and forest-product business development since the program’s launch in 2017. You will find more information about the Tennessee Agricultural Enterprise Fund here or by emailing Will Freeman at william.h.freeman@tn.gov.

For more content like this, check out the latest issues of the Cooperator.
 
 
 

Read More News

Jul 14, 2025
With the start of the new fiscal year, the Tennessee Farmland Preservation Act is now in effect.

The Tennessee General Assembly approved the legislation in the 2025 session, allotting $25 million for the grant program for farming families across the state. These dollars will go through the Tennessee Department of Agriculture.
 
Jul 07, 2025
In the wake of Hurricane Helene, researchers are now studying the aftermath of the water and sediment left on Tennessee soil.

The U.S. Department of Agriculture awarded the $275,000 grant to the University of Tennessee Institute of Agriculture to look at the farmers impacted and the agricultural damage.
 
Jun 30, 2025
During the first two weeks of July, farmers can tell the U.S. Department of Agriculture just how many head of cattle they have.