Garrett County Government - Department of Business Development

MARBIDCO'S MD Value-Added Producer Grant-Capital Assets Option

Last Updated on Aug 18, 2020 at 3:51pm | Agribusiness

Maryland Value-Added Producer Grant-Capital Assets Option (MVAPG-CAO) program is designed to encourage farms and other rural businesses wanting to expand or diversify their operations through value added processing to purchase equipment or construct facilities. Applicants must be making a product that is "value added." 
 
MVAPG funds and matching funds must be used for capital assets that have a useful life of seven years or more. Grants are made on a 1:1 match, meaning the applicant must supply matching funds that are equal to or greater than the amount requested from MARBIDCO.
 
Applications will be accepted through September 24, 2020.
 
For more information, as well as how to apply, click here.