Because humans eat virtually every day, hence food ingestion is one of our basic needs for survival. And having it at the reach of everyone is the concern of agriculturists and the government as well. Consequently, the Federal government, being aware of the fact that agriculture is very essential among other sectors of our economy, has consented to impart gratuitously to agriculture by venturing into the Federal Government Agriculture Grants; giving credits both to farmers and agribusinesses. Let\u2019s look at the various Federal Government Agriculture Grants and how to apply for one.<\/p>\n
The Federal Government Agriculture Grants<\/a> are schemes of valuables and money (loans) given to mainly practicing agriculturists and agricultural societies. It is one of the various government grants<\/a> available to businesses; both private and cooperative organizations, in Nigeria.<\/p>\n To be a benefactor of these grants, there are processes one needs to pass through. Although, the agricultural grant bodies are considerate, yet it\u2019s not quite easy to secure a grant from them.<\/p>\n The Federal Government and Ministry of Finance have predefined legitimate bodies whereby they provide agricultural grants to the public. Here are they:<\/p>\n The Central Bank of Nigeria gives various grants to a variety of businesses in which agriculture is among them. Furthermore, the CBN ensures a favorable grant with infinitesimal interest rates to farmers in Nigeria.<\/p>\n Nevertheless, there are schemes of the Federal Government agriculture grant under the Central Bank of Nigeria. They are:<\/p>\n The Ministry of Finance and Central Bank of Nigeria (CBN) control this institute, while the Federal Government presides over them. Also, the Bank of Agriculture gives credit (loans) to the masses with a scrupulous agricultural agenda. To apply for a loan from the Bank of Agriculture, you must meet the following requirements:<\/p>\n Furthermore, the Bank of Agriculture has categories of loans assured for the public, and they are:<\/p>\n The Federal Government, alongside the Bank of Agriculture and industrial banks, have in one way or the other worked hand in hand with various commercial banks to aid loan acquisition by farmers. To this effect, farmers can as well apply for loans in commercial banks like UBA, Zenith Bank, GT Bank, FCMB, and First Bank for agricultural loans. The steps involved are:<\/p>\n The Federal Government distributes various grants to cooperative societies. In the same way, agricultural societies have the inalienable right to do so as well. The societies share these grants accordingly with their members.<\/p>\n Some agricultural cooperative societies are the Cocoa Association of Nigeria, Agricultural Graduates Association of Nigeria (AGAN), Farm Management Association of Nigeria (FAMAN), and the Commercial Agriculture Development Association (CADA).<\/p>\n To apply for a cooperative society\u2019s loan, the group of individuals is meant to:<\/p>\n Many farmers that have applied for the Federal Government agriculture grants have experienced the impact and gained some advantages.<\/p>\n The International Fund for Agricultural Development (IFAD) is an UN-sponsored financing institution.<\/p>\n The International Fund for Agricultural Building (IFAD) provides agriculture subsidies primarily for capacity development and research in natural resources, as well as related programs to combat poverty in rural regions. They also coordinate these funds on a variety of levels, ranging from national to global.<\/p>\n In addition to agricultural grants, the International Fund for Agricultural Development also provides low-interest loans to developing nations to help with agricultural infrastructure and natural resource management. These loans are only available to member governments of the International Fund for Agricultural Development (IFAD) on terms and conditions that are based on their financial<\/a> strength. As a result, agricultural groups from these member nations are indirectly eligible. The International Fund for Agricultural Development (IFAD) is an UN-sponsored financing institution.<\/p>\n The Regional Fund for Agricultural Technology is a platform that provides agriculture grants to stimulate research and technological advancements in the agricultural industry. However, this scholarship is exclusively available to Latin Americans and Caribbean residents.<\/p>\n The Inter-American Development Bank and the Inter-American Institute for Cooperation have also collaborated on FONTAGRO. These two, on the other hand, give administrative<\/a> and legal support.<\/p>\n Although this agriculture grant\u2019s primary areas include research in:<\/p>\n However, there are also little diversions into natural and environmental resources-based projects. Plus funding from this grant is usually within the range of US$100,000 to US$500,000 for projects of up to four years.<\/p>\n The Alliance for a Green Revolution in Africa (AGRA) is a grassroots movement in Sub-Saharan Africa that funds agricultural research, capacity building, and field operations. AGRA\u2019s goal is to provide agriculture grants to help small-scale farmers improve their operations.<\/p>\n The Bill and Melinda Gates Foundation, in conjunction with the Rockefeller Foundation, developed AGRA. However, money from African national governments, foundations, financial institutions, businesses, and other sources is infrequently received.<\/p>\n The AGRA program\u2019s focus areas, however, are as follows:<\/p>\n But while funds disbursed by AGRA are not fixed, a more substantial part of these grants are usually within the range of US$100,000 and over a million dollars.<\/p>\n The Nestle foundation focuses on providing agriculture grants for research in the following areas:<\/p>\n Also, the foundation supports research proposals that are beneficial to develop countries.<\/p>\n Read more<\/strong> about Top agricultural grants for businesses<\/a>.<\/p>\n In other to enjoy the Federal Government agriculture grant, here are easy steps to the application.<\/p>\n The following are some of the most popular agriculture grants\/programs in the US. However, this covers both loan and grant options available to any farmer out there.<\/p>\n FSA provides direct and guaranteed farm ownership and operating loans to family-sized farmers and ranchers who are unable to access commercial credit from a bank, Farm Credit System institution, or another lender<\/a>. Loans and sometimes, grants from the FSA can be used to buy land, animals, equipment, feed, seed, and supplies. Loans can also be used to build structures or improve farms.<\/p>\n USDA Rural Development works with rural communities to fund programs that assist rural America with housing, community amenities, business guarantees, utilities, and other services. In order to promote excellent jobs in rural areas, the USDA provides technical assistance as well as financial assistance to rural firms and cooperatives. By involving rural America\u2019s entrepreneurial spirit in the creation of renewable energy and energy efficiency improvements, Rural Creation advances the President\u2019s National Energy Policy and, ultimately, the nation\u2019s energy security. Low-income people, state, local, and tribal governments, as well as private, nonprofit, and user-owned cooperatives, work with Rural Development.<\/p>\n Through a combination of loan, grant, and loan guarantee programs, the USDA helps low- and moderate-income rural Americans become homeowners. Individuals can also utilize the money to undertake important house improvements, such as making their homes more habitable, safe, and sanitary. Rural Rental Housing<\/a> Loans are available through USDA Multi-Family Housing Programs to offer affordable multi-family rental housing to low-income, low-income, and moderate-income families, the elderly, and people with disabilities. In addition, qualifying families may be eligible for rental assistance.<\/p>\n Through a combination of loan, grant, and loan guarantee programs, the USDA helps low- and moderate-income rural Americans become homeowners. Individuals can also utilize the money to undertake important house improvements, such as making their homes more habitable, safe, and sanitary. Rural Rental Housing Loans are available through USDA Multi-Family Housing Programs to offer affordable multi-family rental housing to low-income, low-income, and moderate-income families, the elderly, and people with disabilities. In addition, qualifying families may be eligible for rental assistance.<\/p>\n The USDA, through the Farm Service Agency, makes direct and guaranteed loans direct and guaranteed farm ownership (FO) and operating loan (OL) monies to beginning farmers and ranchers.<\/p>\nList of Federal Government Agriculture Grant:<\/span><\/h2>\n
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#1. Central Bank of Nigeria (CBN) Agricultural Grant:<\/span><\/h3>\n
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#2. Bank of Agriculture (BOA):<\/span><\/h3>\n
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#3. Commercial Bank Loans:<\/span><\/h3>\n
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#4. Agricultural Co-operative Societies:<\/span><\/h3>\n
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#5. International Fund for Agricultural Development<\/h3>\n
#6. Regional Fund for Agricultural Technology<\/h3>\n
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#7. Alliance for a Green Revolution in Africa<\/h3>\n
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\u00a0#8. Nestle Foundation<\/h3>\n
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How to apply for Federal Government Agriculture Grant:<\/span><\/h2>\n
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Top Agriculture Grant Funding Programs in the US<\/h2>\n
#1.\u00a0Farm Loans<\/h3>\n
#2.\u00a0Rural Development Loan and Grant Assistance<\/a><\/h3>\n
#3.\u00a0Housing Assistance<\/h3>\n
#4.\u00a0Beginning Farmers and Ranchers<\/h3>\n
#5.\u00a0Livestock Insurance<\/h3>\n