New Jersey A4979 requires the NJEDA to establish a loan program for farmers to develop value-added agricultural products.

New Jersey A4979 mandates the New Jersey Economic Development Authority (NJEDA), in collaboration with the Department of Agriculture, to create the "Value-added Agriculture Loan Program." This program aims to support farmers in developing value-added products, which are changes in the physical state or form of food or agricultural products that enhance their value. The program will provide loans ranging from $5,000 to $10,000 to help farmers with planning activities and working capital expenses related to producing and marketing these value-added products.

New Jersey A4979 requires the NJEDA to establish a loan program for farmers to develop value-added agricultural products.

New Jersey A4979 mandates the New Jersey Economic Development Authority (NJEDA), in collaboration with the Department of Agriculture, to create the "Value-added Agriculture Loan Program." This program aims to support farmers in developing value-added products, which are changes in the physical state or form of food or agricultural products that enhance their value. The program will provide loans ranging from $5,000 to $10,000 to help farmers with planning activities and working capital expenses related to producing and marketing these value-added products.