Okla. Admin. Code § 35:40-5-151

Current through Vol. 42, No. 7, December 16, 2024

Section 35:40-5-151 - Value-added agriculture loans and grants

Value-added agriculture loans and grants shall be used by entities or individuals to develop or establish production, processing or marketing of agricultural products and to establish or expand agritourism ventures. The purpose of this category is to provide funding for promoting productivity, providing added value to agricultural products, stimulating and fostering agricultural diversification, and encouraging processing innovations. Proposals for a value-added agriculture loan or grant shall:

(1) Demonstrate ability to produce a viable product and include completed research relating to product development, recipe scaling, packaging, and ingredient sourcing;

(2) Show a feasible marketing plan that includes profitability and sales outlets; and

(3) Include a description of how production will create jobs and enhance the community.

Okla. Admin. Code § 35:40-5-151

Added at 17 Ok Reg 299, eff 11-2-99 (emergency); Added at 17 Ok Reg 1849, eff 6-12-00; Amended at 26 Ok Reg 1822, eff 7-1-09

Amended by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 9/12/2022