Montana Growth Through Agriculture Program (GTA)
Montana Department of Agriculture
Closed June 30, 2023
The Growth Through Agriculture (GTA) program is a grant and loan program established by the Montana Legislature to strengthen and diversify Montana's agricultural industry through the development of new agricultural products and processes. Examples of eligible project activities involve equipment purchases, construction costs, advertising and promotion, and consultant services for engineering. The GTA program is administered by the Agriculture Development Council (Council) which is attached to the Department of Agriculture.
New in 2023
The Growth Through Agriculture Program has added two new options this year:
The Business Acceleration Program will award grants of up to $20,000 over two years to support early business development or expansion.
The Market Development Program will award grants of up to $5,000 to help eligible businesses access and develop new markets for their goods.
Cost-share Requirement
50% cost-share is required for all types of Growth Through Agriculture proposals including both grants and loans. For example, the GTA Program can reimburse 50% of an invoice paid by the business, thereby confirming cash cost-share, or “match” is in place.
Types of Funding Available
Maximum - $150,000 made up of:
Up to $50,000 in the form of grant funding
Up to $100,000 in the form of loan funding
Eligibility
Projects should primarily add value to Montana’s agricultural products, have prospects for achieving commercial success given the current personnel, experience and resources of the applicant and have the possibility to create and/or retain jobs in Montana. In addition, projects should either benefit additional agricultural producers and/or companies, and/or projects should accomplish research that will benefit Montana’s agriculture industry as a whole. An applicant that receives any two GTA grants within a two-year period will have a one-year cooling off period before applying again, starting in the current calendar year. Please contact GTA staff for any questions on this recent adjustment.
Additional Loan Eligibility Requirements:
The Council has the option to offer high and low interest loans up to $100,000 for those projects that meet the general criteria for funding listed above.
To be eligible for a low interest loan, the applicant must have unencumbered collateral to secure the full amount of the loan.
The Council can select up to two targeted areas for projects which would be eligible for low interest loans. These targeted areas will encourage specific types of projects and will inform the public of the Council’s particular interests. These targeted areas must be announced 60 days prior to becoming effective.
Additional Grant Eligibility Requirements:
The Council may award grants up to $50,000. In addition to meeting the general criteria for funding, grant applicants must demonstrate through their application that they meet at least one of the following additional criteria:
The project will benefit additional agricultural companies,
The project will accomplish research that will benefit agriculture as a whole, or
The applicant is a nonprofit entity.
Eligible Costs:
Eligible costs under the GTA program include, but are not limited to:
Equipment
Consultant Services (professional, technical, operational)
Travel
Advertising and Promotion
Supplies and Materials
Communication (telephone, postage, printing, etc.)
Data Processing
Terms
$1 for $1 match is required for all types of Growth Through Agriculture proposals including both grants and loans.
Maximum $150,000 made up of:
Up to $50,000 in the form of grant funding
Up to $100,000 in the form of loan funding
Application Instructions
The Council may make a grant or loan if it determines a project is consistent with the goals of the Growth Through Agriculture Act. Projects should primarily add value to Montana's agricultural products and have the potential to create and/or retain jobs in Montana.
BEFORE beginning the application process, the applicant should be able to document exactly how the project will expand Montana agriculture. For example, the growth could be measurable either in terms of increased sales (by dollar amount or percentage) or in number of jobs created.
The Council strongly urges applicants to contact the Food and Agricultural Development Center network, Small Business Development Center network, and their local economic development organization for assistance with their GTA application, financial projections, business and marketing plans as necessary. In addition, the Department is offering the use of this one-page financials template for interested businesses that have been invited to apply and present for the main GTA program.
Projects may potentially be funded in a single application for a maximum total amount of $150,000 in the form of grant funding up to $50,000 and loan funding up to $100,000. Examples of project activities involve equipment purchases, advertising and promotion, and consultant services such as engineering costs. A $1 for $1 match is required for all proposals.
Resources
Related Programs
Farm Storage Facility Loan Program (FSFL)
Farm Service Agency
- Loan
- Infrastructure
- Equipment
- Storage
- Lighting
- Delivery Vehicle
- National
- Oilseeds
- Peanuts
- Pulse Crops
- Hay
- Honey
- Biomass
- Fruits
- Vegetables
- Floriculture
- Hops
- Maple Sap
- Milk
- Cheese
- Yogurt
- Butter
- Eggs
- Rye
- Aquaculture
- Poultry
- Livestock
- Grains
Inflation Reduction Act Assistance for Distressed Borrowers
Farm Service Agency
- Grant
- Discount
- Socially Disadvantaged
- Disaster Relief
- National
- Any
A Climate-Smart Strategy for the Michigan Foodshed
Star of the West Milling Company, U.S. Department of Agriculture
- Grant
- Climate-Smart
- Beginning Farmers
- Women
- MI
- Wheat
- Dried Beans
- Soybeans
A Comprehensive Evaluation of the Impact of Industrial Hemp and Soil Microalgae Consortium as High-Efficiency Carbon Sequestration Model Plants
Florida A&M University, U.S. Department of Agriculture
- Grant
- Climate-Smart
- AL
- FL
- LA
- Hemp
Details
Deadline
June 30, 2023
Organization
Financial Instrument
Grant, Loan, Cost Share
Maximum Award Amount
$150,000
Updated October 21, 2024
Image Credit: U.S. Department of Agriculture
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.
Explore hundreds more programs on Ambrook.