Funding agricultural business development with federal and state grants
Abstract
"Grant programs allow agricultural businesses and farmers to seek funding that supports business development and may complement other business financing. Grant funding is intended to serve as a short-term infusion of funds to either plan a business or grow an existing business. Grants are different from other funding sources. Unlike loans, grants don’t require the recipient to repay the awarded funding. However, grant programs typically require recipients to make progress toward goals and submit reports to stay in good standing. Grant programs focused on agricultural business development fund different purposes. Two common types are business planning and working capital; however, some grant programs may fund other expenses such as those for business implementation, equipment, training or research and development."--First page.
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Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.