USDA offers Value Producer Grant for farmers - KUAM.com-KUAM News: On Air. Online. On Demand.

USDA offers Value Producer Grant for farmers

Posted: Updated:

by Jolene Toves

Guam - If you are a farmer, the USDA may have a grant you may want to take advantage of. Especially if you are going to be receiving compensation from legislation recently signed into law by Governor Eddie Calvo.

USDA area director Joseph Diego told KUAM News, "The value added producer grant is a grant program its actually a 50/50 cost share grant that allows farmers and ranchers to look at the business side of their work."

The grant offers up to 200-thousand dollars of working capital and up to $100,000 for planning to farmers who have dreams of taking their product from the farm to the market. "Basically if they want to do something to explore the feasibility of bringing their product to an export market level or to wholesalers here basically how that mechanism is going to work for their business then this grant is going to work for them," he said.

The grant is available to farmers in Guam, the CNMI, and the Freely Associated States and according to Diego there is a considerable amount of interest, interest which has been met with challenge. "The challenge we are having is these farmers and rancher coming up with the resources to match the application they are applying for," he explained.

The grant is based on the premise of "You put in your share we will put in ours".

"What it is because it is a match they would submit let's just say they have a task for $50,000 we are going to say okay you put in your $25,000 and we will put in our $25,000 share so it meets that $50,000 task," he said.

And while farmers must secure their own financial resources by tapping into a savings, or securing a loan, for some local farmers who are going to be receiving financial relief as part of the 450 thousand recently appropriated this grant may be your lucky break. As the USDA's angle is if you are planning to expand anyway why not approach USDA for a cost share instead of carrying the full burden of costs. 

  • NEWS HEADLINESMore>>

  • IA underway after detainee released from prison,

    IA underway after detainee released from prison,

    An internal affairs investigation is underway at the prison after an inmate was accidentally released from their custody. Department of Corrections director Tony Lamorena says it happened over the weekend. He admits there was a miscommunication. Officials say the prison had received an order for inmate Ben Espinosa's release, but then got a commitment order for a separate charge. The special operations team was able to track him down without incident. Lamorena says they are looking ...

    More >>

    An internal affairs investigation is underway at the prison after an inmate was accidentally released from their custody. Department of Corrections director Tony Lamorena says it happened over the weekend. He admits there was a miscommunication. Officials say the prison had received an order for inmate Ben Espinosa's release, but then got a commitment order for a separate charge. The special operations team was able to track him down without incident. Lamorena says they are looking ...

    More >>
  • Kino Keeler charged with rape

    Kino Keeler charged with rape

    He was apparently drunk when he molested two women. 26-year-old Kino Keeler allegedly digitally penetrated a woman and raped her in a Tumon condo last year. According to court documents, she woke up to Keeler on top of her. 

    More >>

    He was apparently drunk when he molested two women. 26-year-old Kino Keeler allegedly digitally penetrated a woman and raped her in a Tumon condo last year. According to court documents, she woke up to Keeler on top of her. 

    More >>
  • Bordallo will seek ninth straight term as Guam delegate

    Bordallo will seek ninth straight term as Guam delegate

    It's official for our current delegate. Madeleine Bordallo has officially announced she is running again for Congressional Delegate. Joined by family and her campaign leaders, the Bordallo announced her candidacy at the Plaza De Espana. "I am humbled to announce my candidacy for the re-election to a ninth consecutive term as your delegate to Washington," she announced. "Guam needs a leader in Washington who can bring diverse coalitions together to pass important and me...More >>
    It's official for our current delegate. Madeleine Bordallo has officially announced she is running again for Congressional Delegate. Joined by family and her campaign leaders, the Bordallo announced her candidacy at the Plaza De Espana. "I am humbled to announce my candidacy for the re-election to a ninth consecutive term as your delegate to Washington," she announced. "Guam needs a leader in Washington who can bring diverse coalitions together to pass important and me...More >>
Powered by Frankly