Factsheet: Agriculture and Forestry Industries Development Fund (AFID)

Agriculture and Forestry Industries Development Fund (AFID)

Key Information
Full name of Instrument & Measure (English): 
Governor’s Agriculture and Forestry Industries Development Fund (AFID)
Description: 
The Agriculture and Forestry Industries Development Fund provides grants to promote and develop the agriculture and forestry industry in Virginia and create or expand value-add facilities, including qualified biofuel production facilities. Individual grants may not exceed $250,000 or 25% of qualified capital expenditures and are awarded at the governor's discretion. The grants are awarded to local governments and other Virginia political subdivisions working with qualified businesses.
Goal/Aim: 
Support agriculture and forestry industry in value add products inclusive biofuels

Sector/Topic targeted:

Responsible Authority: 
Virginia Department of Agriculture and Consumer Services; Department of Energy DOE

Status:

Trade Relevance: 
Policies ensuring sustainable production of biomass
Year Instrument & Measure Started: 
2012