Source: NCDA&CS

Appalachian Sustainable Agriculture Project (ASAP) has established a new grant program—Appalachian Grown Farmer Immediate Needs Grants—for farmers experiencing lost income and added expenses due to COVID-19. Farmers may apply for up to $500 to make strategic investments in meeting new market requirements, such as new technology, packaging materials, communications, or other modest investments that will allow the farm to quickly respond to the changing market environment. Priority will be given to farmers who 1) face a significant loss or disruption of market outlets due to COVID-19; 2) depend on the farm business for more than 50 percent of their household income; and 3) plan to use funds to help shift their farm business to new models or adjust to new market requirements. 

Direct grants, cost-share and low-interest loans are available to food and farming businesses in seven Southwestern North Carolina counties and the Eastern Band of Cherokee Indians from EmPOWERing Mountain Food Systems. Funds may be used for equipment, infrastructure, and supplies to increase production and income. The program also offers free business counseling services; an apprenticeship program; and support for value-added food production. Contact Laura Lauffer at lwlauffe@ncsu.edu for more information.  

Golden LEAF is fronting $15 million to launch a Rapid Recovery Loan Program. Startup businesses that began operation before March 23, 2020 are eligible. Loan sizes are capped at about two months of current revenue (up to $50,000) — with zero interest and no payments for six months. If not repaid in six months, the loan will automatically convert to a term loan. 

Venture Asheville is offering several Asheville Impact Micro Grants. The $5,000 micro grants are available for early-stage startups in Buncombe and Haywood counties. Deadline to apply is May 17.