In 2023 Rural Development Puerto Rico awarded $770,000 to four agricultural projects in the island. The projects where: Finca Luis Roig Inc., in Yauco, Nestor Reyes Farm & Associate Inc., in Rio Grande, Loyd Sanabria-Hernandez in Salinas and De Mi Tierra A Mi Pueblo Corp., in Caguas.
Planning activities may include conducting feasibility studies and developing business plans. Working capital expenses may include costs associated with processing, marketing, advertising, inventory and salaries.
USDA is particularly interested in applications that will advance Biden-Harris Administration priorities to:
- Reduce climate pollution and increase resilience to the impacts of climate change through economic support to rural communities.
- Ensure all rural residents have equitable access to Rural Development (RD) programs and benefits from RD-funded projects; and
- Help rural communities recover economically through more and better market opportunities and through improved infrastructure.
Paper applications must be postmarked and delivered by mail, email or in person to the state office where the project is proposed by close of business on April 16, 2024. Electronic applications will be accepted via Grants.gov until 11:59 p.m. Eastern Time on April 11, 2024.
Source : usda.gov