Grant program supports business development

Posted
By Christi Lightcap

Special to The SUN

The Colorado Department of Agriculture is now accepting applications for funding through the Enrich Colorado Ag Grant Program. Grant funds will help Colorado companies conduct research and develop new uses and markets for food and agricultural products that are grown, raised or processed in Colorado.

“Our goal is to help Colorado companies develop new markets and break into the next phase of growth,” said Tom Lipetzky, markets division director. “Awarded projects last year met diverse needs across the food system, and we are looking forward to supporting the success of many projects in the future.”

Projects eligible for funding include, but are not limited to, feasibility studies and technical projects such as assessing the potential of establishing an agricultural value-added business project; and marketing and sales promotion projects such as first-time participation in trade shows, new product launches and promotions supporting the development of new sales channels. The maximum award per project is $15,000.

A matching contribution of cash and in-kind resources equal to at least 50 percent of the total project budget is required. Applications are due by 3:30 p.m. on Feb. 27, 2015.

For more information, including an application and program guidelines, contact the Colorado Department of Agriculture Markets Division at (303) 869-9176 or visit www.coloradoagriculture.com.