Applicant Information

Project Overview

Project Category

Please select the appropriate project category. Select which metric will appropriately measure the impact of your project and then discuss how your project will make an impact using that metric. You should select all categories and metrics that apply. CategorySelected

  Increase in Farm Income

This category is appropriate for projects that will increase farm income by offering farmers higher commodity prices than other markets, processing value-added products for farmers, or allowing a single farmer to add value to their own farm products.

  Access to Markets

This category is appropriate for projects that will create or expand a market for Tennessee farmers, including reducing miles that farmers must transport their products to market or creating a new market entirely.

  Increased Capacity

This category is appropriate for projects that will expand the capacity of an existing agricultural business, including their production capacity or the number of employees.

  Agricultural Innovation

This category is appropriate for entrepreneurs who wish to market a new technological innovation with the potential to impact Tennessee agriculture.

Project Impact

Financial Information

Budget

Please complete the budget form. Each line should contain one individual items or expenditure.

BudgetCategory	BudgetDescription	BudgetAmount
$ .00
Total

 

For projects that cost less than $1 million			For projects that cost more than $1 million
*AEF awards cannot exceed 25% of the project’s budget and can only be used to reimburse for items purchased after an AEF award is approved. *Awarded amount will not exceed $499,999 *Businesses and individuals have a lifetime maximum of $1 million *AEF awards cannot be used for employee salaries, land purchases, marketing, or consumables/inventory.			*AEF awards cannot exceed 25% of the project’s budget and can only be used to reimburse for items purchased after an AEF award is approved. *Awarded amount will not exceed $1 million *Businesses and individuals have a lifetime maximum of $1 million *AEF awards cannot be used for employee salaries, land purchases, marketing, or consumables/inventory.

 

Sources of Funding

What are your other sources of funding? Include your own contributions, financing, other grants, and any other sources of funding.

FundingSource	FundingDescription	FundingAmount
$ .00
Total

 

Project Timeline

Describe the timeline of your project. Include major milestones like groundbreaking, grand opening, full capacity production, etc.

TimelineDate	TimelineActivity	TimelineAdditional

Attachments and Submission

By submitting this application, I affirm that the facts set forth in it are true and complete. I understand that if I am awarded an Agricultural Enterprise Fund grant, I will comply with all AEF requirements, submit project updates, and work with State of Tennessee officials to track the impact of my project on the local economy.

Also by submitting this application, I affirm to the adherence of the following guidelines and procedures:

1. Applicant must utilize equipment and structures reimbursed with cost share funds for the intended purpose of the program for a minimum of five (5) continuous years from date of purchase.
2. Site visits relating to the performance of the project before, during, and after completion may take place.
3. Applicants may be required to repay funds if they fail to comply with all aspects of the cost share guidelines.