Browse Ambrook’s collection of funding programs by Maryland Agriculture & Resource-Based Industry Development Corporation (MARBIDCO)

Application

Applicants must verify in their application that commercial lender or Farm Service Agency loan proceeds are available to help complete the proposed farming project. Applicants that are awarded grants may not materially deviate from their approved business plans without approval from MARBIDCO and the participating commercial lender.

Mail completed applications to:

MARBIDCO Programs
1410 Forest Dr., Suite 21
Annapolis, MD 21403

Maryland Agriculture & Resource-Based Industry Development Company

Obtaining financing is difficult for most farmers, but particularly for urban farmers. A very small amount of equity capital can make a significant difference in helping these business owners to obtain bank financing (commercial loans).


MARBIDCO’s MUACLIG program addresses the finance needs of urban farmers. With the support of Farm Credit, MARBIDCO provides grant funds&#x2004;to incentivize the urban farmer to try to obtain commercial financing.


This grant is designed to provide an incentive for beginning urban farmers to seek commercial lender financing for the development of their urban agricultural enterprises, including the purchase of a farm property in an eligible urban area. MARBIDCO has partnered with [Horizon Farm Credit](https://www.horizonfc.com/?gad_source=1&gclid=CjwKCAjw-O6zBhASEiwAOHeGxSUkjM_YAqpKchvFG8ExFgVyT_Qm7QYz_8l7Ebu2K2-tco4QAszh3RoCNDIQAvD_BwE) to establish and manage this fund. Call us today for more information on how to apply for this grant at 410-267-6807.



Obtaining financing is difficult for most farmers, but particularly for urban farmers. A very small amount of equity capital can make a significant difference in helping these business owners to obtain bank financing (commercial loans).

MARBIDCO’s MUACLIG program addresses the finance needs of urban farmers. With the support of Farm Credit, MARBIDCO provides grant funds to incentivize the urban farmer to try to obtain commercial financing.

This grant is designed to provide an incentive for beginning urban farmers to seek commercial lender financing for the development of their urban agricultural enterprises, including the purchase of a farm property in an eligible urban area. MARBIDCO has partnered with Horizon Farm Credit to establish and manage this fund. Call us today for more information on how to apply for this grant at 410-267-6807.

Eligibility
Applicants must be Beginning Urban Farmers, which are defined as being farmers (either individuals or incorporated businesses) with the principal operator(s) having:
- 10 or fewer years of commercial farming experience – either in a for-profit or not-for-profit setting or having limited personal or business financial resources (net worth less than $300,000);
- A commercial food/fiber growing operation located in an urban area, as defined by the United States Census Bureau and ​any incorporated municipality recognized by the State of Maryland.
Eligible business activities include the purchase of:
- Real estate
- Agricultural inputs and supplies such as seeds, fertilizer, compost, and 
- baskets.
- Farm tools and equipment.
- Greenhouses, high tunnels, refrigeration, and irrigation systems; and
- Hired labor (at no more than 20% of the total eligible project cost).


A lump sum of money for a specific purpose that does not need to be paid back.

Grant

Business Plan

Cash Rent

Refinancing

Transition

Feed

Fertilizer

Pest Management

Seed

Weeds

Waste & Manure Management

HVAC

Lighting

Repairs

Training

Succession

Historically Underserved

Inputs

Nutrient Management

Infrastructure

Conservation

Water Management

Maximum Grant Amount: $10,000, calculated at no more than 20% of the project’s total cost and no more than 25% of the amount of the approved commercial loan for the project. (The minimum grant amount is $1,000 – with a commercial loan of $4,000, combines for a $5,000 project).

List of Maryland Agriculture & Resource-Based Industry Development Corporation (MARBIDCO) Funding Opportunities