Missouri Agricultural and Small Business Development Authority Announces Show-Me Entr…

JEFFERSON CITY -

The Missouri Agricultural and Small Business Development Authority (MASBDA) is now accepting applications for funding through the Show-Me Entrepreneurial Grants for Agriculture (SEGA) Innovation Grant Program. Missouri entities seeking to add value to agricultural products may submit applications until Oct. 4, 2024.

The SEGA Innovation Grant Program was created in 2019 by the Missouri Food, Beverage, and Forest Products Manufacturing Task Force, chaired by Lieutenant Governor Mike Kehoe. Grants are funded by an appropriation from the Missouri General Assembly to encourage value-added agriculture innovation in the state.

The program provides funding in the form of grants to producers, businesses, organizations and cooperatives for facilities, equipment, upgrades, services, coordinated efforts and cooperative marketing directly related to increasing value-added agriculture.

The minimum grant award is $50,000 and the maximum grant award is $250,000. Recipients are required to meet a minimum 25% cash match for funded projects.

Applications must be submitted to MASBDA by 3 p.m. Friday, Oct. 4, 2024. Grant program application forms and evaluation criteria are available online at www.masbda.com.

For more information on the SEGA Innovation Grant Program, or other financial assistance offered by the Missouri Agricultural and Small Business Development Authority, please visit masbda.com.

To contact a member of the MASBDA team, call (573) 751-2129 or email [email protected].

To learn more about the Department and its programs, visit agriculture.mo.gov.

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