|Ag enhancement funds now available |
|Posted: Thursday, June 3, 2010 10:54 am |
|Nashville – The Tennessee Department of Agriculture is accepting applications beginning (today) June 1 through June 7 for the Tennessee Agricultural Enhancement Program. |
Most applications are accepted on a first come, first serve basis and should be filled out completely and postmarked beginning June 1. “The Ag Enhancement Program remains strong and we want to help farmers continue to make strategic investments,” said state Agriculture Commissioner Ken Givens.
“This year, we especially want to encourage our farmers that were affected by the unprecedented floods in Tennessee to apply. The Ag Enhancement offers cost share opportunities that may help in this recovery process.”
This year’s program offers the same menu of cost share opportunities as last year. This includes the livestock equipment, cattle genetics, hay storage, feed storage, grain storage and producer diversification opportunities.
To date, TAEP has provided cost share funds for more than 15,500 projects.
A recent study has shown that for every state dollar invested, an additional $4.64 is generated in local economic activity.
New this year, the Cattle Genetics cost share opportunity has expanded to include some costs associated with bull soundness evaluations (BSE) and pregnancy testing.
Also, Fruits and Vegetables have been moved to the priority area under Producer Diversification, allowing certain projects to be eligible for a 50 percent cost share.
TAEP is a state-funded program established by Gov. Phil Bredesen and supported by the General Assembly to increase farm income in Tennessee by helping farmers invest in better farming practices and by encouraging diversification and innovation.
Through TAEP, farmers can qualify for 35 or 50 percent cost share, ranging from a maximum of $1,200 to $15,000 depending on the project.
Applications are available at most farm agencies including USDA Farm Service Agency, UT Extension and Farm Bureau offices, as well as most farm supply stores.
Producers can get important messages and updates on the program by calling 1-800-342-8206.
For more information or to download an application, visit www.TN.gov/agriculture/enhancement.