The Enid News and Eagle, Enid, OK

June 15, 2013

AEDP offers loans, grants to value-added sector


Enid News and Eagle

ENID, Okla. — Agricultural Enhancement and Diversification Program (AEDP) helps fund qualified agriculture-related projects across the state with zero percent interest loans and grants.

The program goal is to expand the state’s value-added sector and encourage farm diversification.

There are four types of funding sources available, including a farm diversification grant, a marketing and utilization loan, a cooperative marketing loan, and the basic and applied research loan/grant. The application process is simple and applications are accepted quarterly. The next deadline is close of business July 1.

AEDP funds can be used for a variety of projects. Requirements for the program stipulate funding be used to produce agriculture-related products and must create rural economic development. Applicants must be at least 21 years old and must be legal residents of Oklahoma. The application form and additional information about each loan can be found at www.ag.ok.gov/mktdev/aedp.htm.

Program coordinator Jason Harvey can be reached at (405) 522-5563 or jason.harvey@ag.ok.gov to assist in the completion and review of applications prior to submission.

 Agricultural Enhancement and Diversification Program is administered by the Oklahoma Department of Agriculture, Food and Forestry.