Grants / Department of Agriculture / Rural Business-Cooperative Service

RD-RBS-22-01-MPILP: Meat and Poultry Intermediary Lending Program

Closed Closed January 3, 2023 Opportunity RD-RBS-22-01-MPILP ☆ Save

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Rural Business-Cooperative Service notices from 2022.

• Award ceiling$15.0 million
• Award floor$500,000
• Total funding$125 million
• Expected awards10
• Cost sharingNot required
• Funding typeGrant

Key dates

Who can apply

This opportunity was open to nonprofits and tribes.

• Native American tribal governments (Federally recognized)
• Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education

The intermediary must be domiciled in a State and be one of the following types of entities: (1) A private nonprofit corporation; (2) A public agency; (3) An Indian Tribe or Tribal Entity; or (4) A cooperative.

More grants for nonprofits, tribes.

Is this a realistic fit?

• Past Meat and Poultry Intermediary Lending Program awards averaged $8.1 million; this notice allows up to $15.0 million per award.
• No cost sharing or match is required.

What the grant funds

Meat and Poultry Processing Intermediary Lending Program (MPILP) grants are available to qualified applicants (intermediary lenders) to facilitate financing for the start-up, expansion, and operation of entities engaged in primary processing (slaughter) or further processing of meat and poultry, to strengthen the financing capacity for independent processors, and to help create a more resilient, diverse, and secure U.S. food supply chain. The MPILP will also help strengthen the capacity of lenders that are financing or plan to finance meat or poultry processors. Eligible processing facilities include USDA inspected facilities that process amenable species under a Federal Grant of Inspection, facilities that process nonamenable species eligible for voluntary USDA inspection, state or tribal inspected facilities that adhere to USDA regulations, and custom exempt facilities that adhere to USDA regulations. As reflected in the public comments to AMS–TM–21–0058, Investments and Opportunities for Meat and Poultry Processing Infrastructure, 86 FR 37728 (July 16, 2021), access to capital through loans was identified as a need for small and mid-sized meat and poultry processors. This program will expand access to financing for meat and poultry processing in the near term and will build financing capacity longer term. This program will facilitate access to affordable capital to address the ongoing need for meat and poultry processing enterprises in America’s rural and urban communities, as there are no geographic restrictions. All applicable program requirements in their entirety can be found in this notice.

Category: Agriculture.

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.