N.C. Value-Added Cost Share Program
N.C. Value-Added Cost Share Program
The North Carolina Value-Added Cost Share (NCVACS) program, administered by N.C. Cooperative Extension in the College of Agriculture & Life Sciences at N.C. State University’s Plants for Human Health Institute, supports the development of value-added agricultural operations, an emerging sector of North Carolina agriculture. Cost-share assistance, with funding from the North Carolina Tobacco Trust Fund Commission, is offered to help developing value-added agricultural businesses purchase specialized equipment through a competitive application process.
NCVACS is seeking potential candidates for its 2013 cycle. Potential applicants for 2013 should be:
- Groups of N.C. producers (including associations, cooperatives, partnerships and LLCs); N.C. processors (including corporations, partnerships and LLCs); and individual N.C. producers (including individuals and singles-family businesses);
- Producing and/or processing an N.C. value-added agricultural product, of which at least 50% of the raw agricultural inputs are grown or raised in North Carolina (one that has been changed from its original physical state, is recognized by a certified non-standard method of production, is generating farm-based renewable energy, is a physically segregated product, or is a result of aggregation and marketing of locally-produced agricultural food products); and
- Registered and operating in North Carolina.
*Producer groups, processors and those who have not received assistance in a previous cycle will receive priority for funding in the 2013 cycle.
Funding may be used to purchase either new or used equipment; award amounts will vary based upon the strength of the application and availability of funds. Awards will exceed neither 50% of the project nor $75,000.
Want to share the information?
Click here for a 2013 NCVACS Program Overview Summary Sheet (PDF).
2013 TIMELINE
August 1: Received-by deadline for NCVACS applications
August 8 – September 15: Site visits and interviews with finalists
September 15: Award recipients announced
December 1: Deadline for submitting reimbursement requests for approved equipment purchases
APPLICATION FORMS
- 2013 NCVACS Equipment Application (PDF)
- W-9 Form (PDF)
- No Overdue Tax Debt or Conflict of Interest Form (PDF)
OTHER RESOURCES
In addition to the equipment cost share program, NCVACS offers assistance to producer groups and cooperatives to help evaluate and grow new business ventures with funding from USDA’s Rural Cooperative Development Program. Assistance may be provided to N.C.-based producer groups for the following:
- Feasibility Studies
- Strategic Planning
- Budget & Business Planning
- Organizational Development & Training
- Ethics Training
- Branding, Marketing and Pricing Strategies
- Technology Integration
If you believe that your N.C.-based producer group could benefit from any of the assistance listed above, please complete the following application. Your organization may be contacted for further information specific to your purpose and your proposed activities. Partial financial support for the assistance requested may be awarded by NCVACS. Please return your completed application to brittany_whitmire@ncsu.edu.
