On Tuesday (Feb. 16), Horse Racing New Brunswick (HRNB) announced details of its new broodmare grant program.
HRNB will offer 10 grants for the purchase of new broodmares. Stipulations for the grant program are as follows:
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Mares must foal in 2021 or be used for breeding to foal in 2022 to be eligible for the grant money. Payment will be issued when mare produces a live foal. Payments will be:
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$2,000 for first live foal
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$250 in Year 2
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$250 in Year 3
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Mares must be owned by a New Brunswick resident and reside in New Bruswick 183 days in the first year of foaling (2021 or 2022) and subsequent years of the program.
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Owners of mares are encouraged to keep current on mares reports for three years. Failure to do so may result in grant being suspended.
(HRNB)