AFID Governors Agriculture & Forestry Industries Development - - PowerPoint PPT Presentation

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AFID Governors Agriculture & Forestry Industries Development - - PowerPoint PPT Presentation

AFID Governors Agriculture & Forestry Industries Development Fund 2 Governors Agriculture & Forestry Industry Development Fund - AFID Facility Grants: traditional economic development incentive grant program available to a


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AFID

Governor’s Agriculture & Forestry Industries Development Fund

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Governor’s Agriculture & Forestry Industry Development Fund

  • AFID Facility Grants: traditional economic development incentive grant program available

to a company that is creating new jobs, capital investment AND purchase of Virginia- grown products

REQUIREMENTS: (1) Must add value to ag/forestry products (2) Minimum 30% ag/forestry products must be sourced from Virginia (3) Requires dollar-for-dollar local match

  • AFID Planning Grants: Grant program designed to assist local governments to better

integrate agriculture and forestry into economic development efforts

REQUIREMENTS: (1) Must involve ag/forestry board, committee or working group (2) Requires dollar-for-dollar local match

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Governor’s Agriculture & Forestry Industry Development Fund

AFID Facility Grants as of November 14, 2019

88 Facility grants totaling $6,829,900 2,452 new jobs $517,367,587 new investment $700,002,639 new Virginia-grown purchases

AFID Planning Grants as of November 14, 2019

40 Planning Grants totaling $816,232 59 different localities