USDA makes more grants available for meat and poultry processors
$123 million has been earmarked for the grantsThe US Department of Agriculture (USDA) announced last week that it is making more funding available for meat and poultry processors to expand operations, transform the food supply chain and create new and better markets for producers.
This funding advances president Biden’s commitment to grow the economy from the bottom up and middle out by creating good-paying jobs and opportunities in every community.
“The Biden-Harris Administration and USDA are committed to transforming our food system to one that creates new markets for our small and mid-sized farming and ranching operations while protecting opportunity in our rural communities for generations to come,” rural development acting under secretary Roger Glendenning said. “The funding we’re making available today to meat and poultry processors will not only give producers more options, but also create good paying jobs and build greater resilience in our overall food system.”
USDA is partnering with the New Hampshire Community Loan Fund to make available $123 million in grants through the Meat and Poultry Processing Expansion Program. The program is part of a series of actions the Biden-Harris Administration has taken to promote a fairer, more competitive and more resilient meat and poultry supply chain.
The grants will help independent businesses build and modernize processing facilities and equipment, adopt new technologies and train workers, among other activities.
Eligible projects may receive grants from $250,000 up to $10 million. Successful applicants must be able to cover 70% of their total project cost.