Learn about Rural Development programs at New Mexico Ag Expo
The 19th Annual New Mexico Ag Expo will feature information for prospective applicants of USDA-Rural Development programs in renewable energy and energy efficiency grants and loan guarantees and value-added producer grants.
RD energy programs include:
Rural Energy for America Program--Grant and loan guarantees to rural small businesses (including rural electric cooperatives) and agricultural producers for the purchase and installation of renewable energy (solar, wind, geothermal, biomass) and energy efficiency (efficiency improvements in lighting, insulation, evaporative cooling, heating, etc.) for business/commercial and agricultural (not residential). Grant is up to 25% of the eligible program cost up to $500,000 for renewable energy and $250,000 for energy efficiency. Feasibility study grants for renewable energy projects are available for 25% of the cost up to $50,000. Public bodies (non-federal), tribes, institutions of higher education, and rural electric cooperatives can apply for a grant to provide energy audits and renewable energy development assistance for their constituents (up to $100,000; 1:1 match).
Other energy programs for biorefineries including loan guarantees for the development, construction and retrofitting of commercial-scale biorefineries and grant to help pay for the development and construction costs of demonstration-scale biorefineries, payments to biorefineries (that were in existence at the time the 2008 farm bill was passed) to replace fossil fuels used to produce heat or power to operate the biorefineries with renewable biomass; and payments to eligible agricultural producers to support and ensure an expanding production of advance biofuels.
Value Added Producer Grant--Eligible applicants are independent producers, farmer or rancher cooperatives, agricultural producer groups, and majority-controlled producer based business ventures; program provides grants for value-added planning (up to $100,000) and working capital (up to $300,000). The match is 1:1.
These programs are a vital tool to help support rural businesses, create new markets for agricultural products and assist our country in becoming more energy independent. We believe that the State of New Mexico has an untapped source of projects that can be successful under these programs. Come join us on Feb. 22, 9:30 a.m. during the New Mexico Ag Expo in the Cacahuate Room of the Jake Lopez Building to learn more about these programs and how they can benefit your operation.
Event: 19th Annual New Mexico Ag Expo
Details: Annual agricultural and dairy expo featuring seminars, workshops, speakers, special presentations and vendors.
Seminar: Funding for Energy Efficiency or Renewable Energy for Farm, Ranch, and Small Business (Biomass, Solar, & Wind) with USDA Rural Development, Rural Energy Coordinator, Jesse Monfort Bopp.
Date: Feb. 22 at 9:30 a.m., Cacahuate Room, Jake Lopez Bldg.
Expo: Feb. 22 and 23 from 9 a.m. to 5 p.m. daily.
Location: Roosevelt County Fair Grounds, 705 East Lime St.
Information: Extension office, 575-356-4417; Roosevelt Chamber, 575-356-8541, or visit www.portales.com.
The Roosevelt County Chamber of Commerce's mission is to build community and pride in Roosevelt County by serving as an information resource and by coordinating community enriched events and activities that contribute to the prosperity of the area. Roosevelt County, founded in 1900 with the City of Portales following in 1909, is known as one of the primary producers of Valencia peanuts in the world and is considered the "warm heart of the sunbelt." For additional information about Portales, visit www.portales.com or www.portalesnm.org.
The Cooperative Extension Service is the community education arm of New Mexico State University and serves all 33 county governments as well as many tribal areas in New Mexico. Backed by state, federal and local funding and statewide faculty specialists, the Cooperative Extension Service is a collaborative effort between NMSU and county governments which addresses community needs through education. The most well known CES programs are 4-H youth development, agriculture and natural resources, community economic development, and family and consumer sciences programs. All CES education programs are means toward the end of developing a better quality of life for families in New Mexico's communities. For additional information, visit http://extension.nmsu.edu/.