If you are a direct-market agribusiness located in Albemarle County, you’re invited to apply for an Albemarle Agribusiness Resiliency Grant.
Donor Name: Albemarle County
State: Virginia
County: Albemarle County (VA)
Type of Grant: Grant
Deadline: 05/10/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Grant Duration Not Mentioned
Details:
This grant supports agribusinesses who are experiencing longer-term impacts of the pandemic, which includes higher costs due to inflation and rising interest rates. These impacts result in higher cost of capital overall and less capital to fund growth and reinvestment. To help offset these impacts, Albemarle County will distribute a second round of Agribusiness Resiliency Grants.
Grants are available for direct-market agribusinesses – those selling products to restaurants, caterers, local stores; orchards, wineries, and cideries; or at farmers markets.
Funding Information
The total budget for this round is $60,000 and staff anticipates making 3-8 grants total.
Grant funding may be use for:
- New capital investments like machinery, tools, other business equipment.
- Expenses incurred to advance sustainable agricultural practices since July 1, 2022.
- Expenses incurred to enhance public health, safety, welfare of employees or visitors since July 1, 2022.
- Expenses incurred to comply with state or local regulations since July 1, 2022.
- Up to 20% of awarded funds may be used for advertising/marketing.
Criteria
- Must have a County business license and be in good standing with the County.
- Proof of payment must be provided for all eligible expenses.
- Grant awardees will be required to schedule a farm visit with the Economic Development Office prior to June 30, 2024.
For more information, visit Albemarle County.
