The Tennessee Department of Agriculture established the Forestry, Agriculture, and Rural Markets (FARM) cost share program to help ensure stability of the food supply chain and agribusiness economy following the COVID-19 pandemic.
The FARM program is designed to provide cost share dollars and financial incentives for projects that strengthen and expand Tennessee agricultural and forestry supply chains in response to the weaknesses revealed by the COVID-19 pandemic. This program is funded by the State of Tennessee’s allocation of American Rescue Plan funding through the State and Local Fiscal Recovery Fund.
Eligibility
Applicants must be an agricultural, food, or forestry business; or nonprofit agricultural entity in Tennessee or have a project based in Tennessee.
Terms
The FARM cost share program will cover 50% of costs for projects that impact counties that are not classified as economically distressed or at-risk. For projects impacting distressed or at-risk counties, the cost share rate will be 75%.
Financial assistance received from the FARM grant program is not a loan and does not need to be repaid. Funding is distributed on a reimbursement basis.
Application Instructions
Apply online at this portal.
Resources
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Details
Release Date
March 1, 2023
Deadline
March 31, 2024
Organization
Financial Instrument
Grant
Minimum Award Amount
$25,000
Maximum Award Amount
$1,000,000
Updated September 11, 2024
Image Credit: Michael Chambers
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