Monday, February 1, 2010

N.C. MarketReady Announces Spring Cost Share Cycle for Value-Added Equipment

The North Carolina Value-Added Cost Share (NCVACS) program, administered by N.C. MarketReady, is now accepting applications for the spring funding cycle, Equipment Cost Share. This program is funded by the N.C. Tobacco Trust Fund Commission to support the development of value-added agricultural operations, an emerging sector of North Carolina agriculture.

The NCVACS program works hand-in-hand with the USDA Value-Added Producer Grant (VAPG) by reducing the costs associated with professional services and equipment purchases that are not funded by the USDA grant. The spring cost share cycle allows value-added producers to apply for equipment cost share funding. Applicants can seek to purchase new or used equipment with cost share funding. Equipment cost share awards will vary from 25 to 50 percent of the total cost of the equipment, up to a maximum of $25,000.

Applications for NCVACS Equipment, spring 2010, are now available online at Applications are due by March 30, 2010. Guidelines and a list of frequently asked questions can be found on the Web site. Award recipients will be notified by June 1, 2010.

For additional information, contact Brittany Whitmire, NCVACS program coordinator, N.C. State University N.C. MarketReady, 919-830-9557 or

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