Update 6/10/2020: At this time this grant program has been CLOSED
Update 6/15/2020: Pandemic Adjustment Loan Fund to close 6/26/2020
Governor Larry Hogan announced today that the Maryland Agricultural and Resource-Based Industry Development Corporation (MARBIDCO) will receive $2.2 million in federal Coronavirus Relief Funds to help Maryland agricultural, forestry and seafood businesses make operational adjustments caused by the COVID-19 Pandemic. MARBIDCO will be using half of the funding to establish a new Pandemic Adjustment Equipment Grant Fund to help Maryland’s food and fiber producers, harvesters and primary processors make necessary adjustments in their business operations which are necessitated by the impact of the pandemic. The program will enable applicants to receive grants for qualifying capital equipment purchases and facility upgrades for on-farm production, processing and storage, as well as wood processing and seafood processing, on the condition that these businesses are making pandemic-related business improvements. Grants ranging from $1,000 up to a maximum of $50,000 (or $75,000 for wood and seafood processors or agricultural cooperatives) are available up to 80% of the eligible project cost. Read the full press release here, or check out the application here.