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Find similar grantsDairy Business Planning Grants is sponsored by Minnesota Department of Agriculture. Supports Minnesota dairy farms and processors with grants covering 50% of the cost for hiring professionals to assist in business planning.
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Grants cover 50% of the cost, up to $5,000, to hire a qualified, independent third party to provide technical assistance services for evaluating the operation, transitional changes, expansions, improvements, and other business modifications. We have approximately $83,000 available each fiscal year (July 1 through June 30). You may request a grant amount between $500 and $5,000 per farm or processor.
You are responsible for the other 50%. You must be the principal operator or prospective operator of a dairy farm or dairy processing business. Your farm or business must be in Minnesota and have authorization to farm or conduct business in Minnesota.
You may only have one open Dairy Business Planning Grant at a time. Grant funds may only be used for hiring a professional to provide technical assistance services, such as: Legal advice for farm transition Developing plans for an expansion Assessing improvements and business modifications The provider must also assist in creating a business plan report for you to submit with your reimbursement request.
This report must include the following: Short- and long-term goals and objectives Analysis of proposed business changes Financial projections on how the business plan will change operations on the farm or processor We recognize there are many types of professional services that are beneficial to dairy farms or processors preparing for the future.
We’re using the funds available for this program to focus on activities that result in a specific plan that supports the continuance and enhancement of the dairy farm or dairy processing business.
Ineligible items include, but are not limited to: Farm Business Management tuition Herd health, nutrition, or crop consulting Investment, tax planning, and tax return preparation Intergenerational transfer planning that discontinues the dairy enterprise Information system development or consulting Loan generation, origination documentation, chattel, or real estate appraisal Nutrient management planning, except for aspects required in the business plan Costs of completing a dairy business planning grant application form Expenses that are incurred before a signed contract We review applications in the order we receive them.
An MDA review committee will look over your project and determine if it should be funded. We prioritize applications received by May 1 of each fiscal year. Read the full Dairy Business Planning Grant Program Details (PDF) .
Prepare the information needed for the online application, including: Professional services you’ll be using to develop your business plan If you’re a new user, you will need to create an account. Once you’re logged in, select, “Dairy Business Planning Grant. ” An MDA review committee will look over your project and decide if it should be funded.
Contact us if you need this information in an alternative format. Livestock Expansion Loan Program Livestock Equipment Loan Program Apply for Dairy Business Planning Grant Dairy Business Planning Grant Program Details 193. 36 KB How to Fill Out Your Online Application (PDF) 395.
81 KB Dairy Development and Profitability Enhancement Program Ag Marketing & Development Kami. Schoenfeld@state. mn.
us Ag Marketing & Development MDA. AGRIGrants@state. mn.
us
According to the current listing, eligibility includes: Principal operators or prospective operators of dairy farms or processing businesses in Minnesota. Confirm the full requirements in the official notice before applying.
The current listing shows $500 - $5,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Dairy Business Planning Grants is funded by Minnesota Department of Agriculture. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Minnesota. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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