Tennessee Agricultural Enhancement Program
PRODUCER COST SHARE PROGRAMS Genetics Cattle-Goats/Sheep Livestock Equipment Hay Storage Livestock Feed Storage Grain Storage Producer Diversification
Producer Diversification Goal : Encourage agricultural producers to expand or improve their operations through the production of diversified agricultural products. • June 1 st -7 th 2014 • Horticulture • Agritourism • Organics • Fruits and Vegetables • Value-Added • Honey Bees
Cost Share for Enhancement • These funds are to help enhance existing agricultural operations – Eligible items that would improve the operation’s income long term • Projects are competitive within their sectors – Not all eligible and ineligible items are listed – Strong application is still needed
Questions to Ask Yourself… • Is your operation ready? – Entire project costs are paid up front by the applicant – How are you going to pay for this – How long will it take for this project to pay itself off? • Are you ready? • Is this a need or a want?
Are you Prepared? • Do you have a business plan? – A good proposal can easily be gathered from this – These both take time • Great Ideas? – Put them on paper – Does it work and make sense
Need help? • Tennessee Small Business Development Center – www.tsbdc.org > Banking needs – 14 locations statewide > Business Plan – Free services > Feasibility advice > I.R.S. requirements • Just starting up > Marketing ideas • Need training > Operations • Want to grow > Ownership structure > Record keeping and – Research accounting – Resources > Trade name filing
Additional Resources • Agricultural Marketing Specialists • Consumer & Industry Services – Aka Regulatory Service • Educational workshops • NETWORKING
Program Guidelines/Requirements • Are you eligible? • BE aware of deadlines • Proposal required for all – Competitive within sector • Master/Standard Producers » Double Sectors READ • READ • READ
What’s New • Producer Diversification – Application B Supplement Booklet – Application B Online • Future Webpage Construction – Ease producer access – More information up front • Eligible events for your sector
Upcoming Courses • Approved Producer Diversification Courses 1. www.tn.gov/taep 2. Producer Programs 3. Producer Diversification 4. 2014 Producer Diversification Calendar
Thank you Erica Alexander Producer Diversification Coordinator Erica.Alexander@tn.gov Office: 615-837-5344 March Direct Marketing Success Course VII
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