TN Economic Relief Funding for Ag and Forestry Businesses
Governor Lee has allocated $50 million to a reimbursement grant program for agriculture and forestry-related businesses. This program will be a one-time fund called the Coronavirus Agricultural and Forestry Business Fund (CAFB Fund) which will be administered through the Tennessee Department of Agriculture Business Development Division. This funding is intended to help businesses that have been adversely impacted by reductions in the economic activity caused by the coronavirus. TDA will accept applications from August 17 to August 31 with grants planned to be announced the week of September 14. More information, including the application form, can be found on the TDA website.