Funding for the MA Food Security Infrastructure Grant will be allocated on a reimbursement basis. The PVGrows Investment Fund and Mass Food Trust Program are offering short-term or ‘bridge’ loans to food and farm businesses to cover the upfront costs. Both of these programs are administered by the Franklin County CDC which serves all of Western Mass including Berkshire County.
To learn more about services available from Franklin County CDC, the Mass Food Trust Program, and the PVGrows Investment Fund attend an upcoming online Financing Food & Farms Info Session. Register for info sessions in August and September here.
The PVGrows Investment Fund (PVGIF) is offering bridge loans (short-term upfront funding) to awardees of the MA Food Security Infrastructure Grant (FSIG) Program who meet our mission to grow the local food system. Since the FSIG program is a reimbursable program, we have bridge financing available for awardees at zero-interest with deferred payments for the first three-months. For more information, visit pvgrows.net/investment and submit the PVGIF Inquiry Form.
Grantees who meet the mission of the the Massachusetts Food Trust Program (MFTP), can qualify for a bridge loan so that they can access funding to complete their infrastructure project before receiving reimbursement through the Food Security Infrastructure Grant Program.
To learn more about bridge financing through either of these programs contact Rebecca Busansky here.