The Norman Transcript

Business

June 9, 2013

Ag grants and loans available

NORMAN — The Agricultural Enhancement and Diversification Program helps fund qualified agriculture-related projects across the state with zero percent interest loans and grants. The program goal is to expand the state’s value-added sector and encourage farm diversification.

There are four types of funding sources available including a farm diversification grant, a marketing and utilization loan, a cooperative marketing loan, and the basic and applied research loan/grant. The application process is fairly simple and applications are accepted quarterly. The next deadline is close of business on July 1.

AEDP funds can be used for a variety of projects. Requirements for the program stipulate that funding be used to produce agriculture-related products and must create rural economic development. Applicants must be 21 years of age and must reside in and be a legal resident of Oklahoma. The application form and additional information about each loan can be found at ag.ok.gov/mktdev/aedp.htm.

Program coordinator Jason Harvey can be reached at 405-522-5563 or jason.harvey@ag.ok.gov  to assist in the completion and review of applications prior to submission.

The Agricultural Enhancement and Diversification Program is administered by the Oklahoma Department of Agriculture, Food, and Forestry.

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