This special round of TRRC funding is intended to supplement, not replace, AFID’s role in supporting the development of value-added processing facilities. The Commission will consider awarding grants for agribusiness projects that create or expand market opportunities for regional producers and that result in a quantifiable increase in net farm income. The special funding round is focused on the establishment of commercial meat processing operations in the SWVA Tobacco region. Operations must be USDA certified.
Priority will be given to regional facilities serving or benefiting multiple producers in more than one locality. Investments will support increasing sales of agricultural meat products from the region. Projects must clearly demonstrate the identified need or opportunity for a new or expanding market that brings economic value to the region.
For information about investment categories, see https://www.revitalizeva.org/wp-content/uploads/2023/01/FY23-Southwest-VA-Program-RFP-Guidelines-meat-processing-FINAL.pdf#page=6
Applicants may apply for low-interest financing assistance to support capital costs for the startup or expansion of value-added processing facilities benefiting Tobacco Region producers regardless of public or private ownership. Please contact TRRC staff for information about loan support.
For information about evaluation criteria, see: https://www.revitalizeva.org/wp-content/uploads/2023/01/FY23-Southwest-VA-Program-RFP-Guidelines-meat-processing-FINAL.pdf#page=12
Additional Geographic Information:
Link to Tobacco area map: https://www.revitalizeva.org/wp-content/uploads/2023/01/FY23-Southwest-VA-Program-RFP-Guidelines-meat-processing-FINAL.pdf#page=14Estimated Total Program Funding:
