NCIFund Cold
storage program
Description of the Organization:
Natural Capital Investment Fund lends and delivers technical assistance to small, midscale and limited resource farmers. The Cold Storage Program helps farmers acquire portable or stationary cold storage by pairing an affordable loan from NCIFund with a grant that “buys down” the cost of the unit.
Geographic Service:
Statewide
Programs and Services Offered:
Financial Assistance:
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Combination of grants and loans to purchase cold storage units
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Grant covers up to 20% of the unit cost (maximum grant $3,000)
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Loans are available from $10,000 to $50,000 at affordable interest rates
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Farmers must currently sell produce, meat or mariculture products that require cold storage into wholesale markets
Fees:
There is no fee for services.