By Logan Kruse
The Montana Department of Agriculture (MDA) is announcing the opening of the FY2024 funding cycle for the Growth Through Agriculture (GTA) Program. Montanans interested in innovating or expanding agricultural businesses are invited to apply for funds through the state grant and loan program.
“The Growth Through Agriculture program continues to help Montana businesses and agricultural operations add value, scale up, and access new markets,” said MDA Director Christy Clark. “I encourage producers, business owners, and those with innovative ideas for value-added projects to apply so as a state we can continue to elevate our agricultural ecosystem and economy.”
The Growth Through Agriculture program was established by the legislature to strengthen and diversify Montana’s agriculture industry by developing new agricultural products and processes. GTA grants and loans are awarded by the Agriculture Development Council, consisting of seven members appointed by the Governor. GTA funding requires the investment of at least $1 in matching funds for every $1 in grant or loan assistance received.
Pre-applications for funding open October 2, 2023, and are due October 23, 2023. Selected proposals from pre-applicants will be invited to submit a full application in January of 2024, followed by grant award decisions in February. Information on submitting a pre-application, program guidelines, FAQs, and previously funded projects can be viewed online at agr.mt.gov/GTA. Applicants may apply for grants up to $50,000 and loans up to $100,000. Examples of eligible project activities include equipment purchases, construction costs, advertising and promotion, and consultant services.
Source : mt.gov