Up to $60,000 available through Local Food Market Development Grant program
December 19, 2017
Vermont Business Magazine
The Vermont Agency of Agriculture, Food & Markets (VAAFM) is making available up to $60,000 in Local Food Market Development (LFMD) Grants to assist eligible Vermont farmers, businesses, and value-chain facilitators to reach new markets.
VAAFM works to support market opportunities with an institutional or other wholesale focus in Vermont.
This year the agency has engaged a public/private partnership with philanthropic partners to augment these efforts and match up to $30,000 from the Vermont legislature for this grant effort.
“The strong program similarities between the VAAFM’s Local Food Development Grant Program and the priorities of philanthropic partners’ farm to institution initiatives, provides an opportunity to grow economic success for Vermont agricultural businesses, while providing quality food to institutions like schools, colleges and hospitals,” says Secretary Anson Tebbetts.
The deadline for the FY2018 LFMD Grants is January 24th2018 and all applicants must demonstrate 25% of total project cost in matching funds.
This year’s grants will be available to projects that have goals to improve quality, efficiency, or food safety; address distribution challenges; and/or mitigate the financial risks associated with scaling up to meet new market demands. Grants ranging from $3,000 – $10,000 will be available for these efforts. To qualify for funding consideration, applicants must either be a Vermont producer in pursuit of institutional market development, or a value-chain facilitator that will directly support Vermont producers’ access to institutional and wholesale market expansion.