Value- added agricultural product market development grants

Ended Project Grant Awarded Last action

Award ID
GLSX0002723570
Recipient
Awarding agency
Obligated
$217,746

Award facts

Assistance listing
10.352 Value-Added Producer Grants
Completion date
Place of performance
New Mexico, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $217,746 Project Grant under the Value-Added Producer Grants program (CFDA 10.352) to New Mexico Ferments LLC on September 25, 2023. This funding will support the company's efforts to develop and expand value-added activities related to the processing and marketing of bio-based, value-added agricultural products. The grant aims to help New Mexico Ferments LLC generate new products, create and expand marketing opportunities, and increase producer income. Typical Value-Added Producer Grants range from $20,000 to $250,000 and cover short performance periods of less than one year, often for for-profit limited liability companies, agricultural cooperatives, and small businesses in rural areas across the U.S.

Quick answers

Who received award GLSX0002723570?

GLSX0002723570 was awarded to New Mexico Ferments LLC by Rural Business Cooperative Services (Washington Office) on September 25, 2023.

How much is award GLSX0002723570 worth?

$217,746 has been obligated on GLSX0002723570.

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