4284.907—Eligibility for grant assistance.
(a)
The proposed project must evidence a high likelihood of creating Value-Added for an Agricultural Product.
(b)
Independent Producers, Agricultural producer groups, Farmer or Rancher cooperatives and Majority-Controlled Producer-Based Business Ventures, are eligible for grants under this subpart.
(c)
An applicant that is a Farmer or Rancher cooperative, an Agriculture producer group or a Majority-Controlled Producer-Based Business Venture must be entering into an Emerging Market as a result of the proposed project. An applicant that is an Independent Producer does not have to be entering into an Emerging Market.
(d)
No project may be the subject of more than one Planning Grant or more than one Working Capital Grant under this subpart. The same project may, however, be awarded one Planning Grant and subsequently apply for and receive a Working Capital Grant.
(e)
Not more than one project per funding cycle per applicant may receive grant funding under this subpart.