MDA grants for industrial hemp processing
The Missouri Department of Agriculture has announced funding grants for the processing of industry hemp fiber.
The Department will award grants of up to $200-thousand dollars for reimbursement of expenses associated with the expansion of processing capacity. A minimum 25% cash match is required to be reimbursed.
Grant applications are due by October 22nd and will be awarded on or before November 8th. All recipients have to incur the expenses between the date of the award and March 1st, 2022.
The state legislature appropriated $700-thousand to help with industrial hemp fiber processing infrastructure to create more marketing opportunities for growers.