About
These grants encourage business planning and modernization activities and other improvements on Minnesota dairy farms. They will also help you pay for stray voltage testing.
Grants cover 50 percent of the cost to hire a qualified, independent third party to create a business plan for a dairy operation and/or test for stray voltage. Dairy producers have used these grants to evaluate the feasibility of expanding a dairy, plan environmental upgrades, and create strategies to transfer the operation to a family member or other new owner.
Commodities
Eligibility
Existing and beginning Minnesota dairy farmers are eligible for this program.
Ineligible costs:
Services that are not directly related to the improvement and continuance of the dairy farm, such as:
Nutrition consulting
Retirement and investment planning
Tax planning and tax return preparation
Intergenerational transfer planning that discontinues the dairy enterprise
Loan origination or documentation fees
Chattel real estate appraisal
Crop consulting
Nutrient management planning – except as required in the business plan
Veterinary/herd health consulting
The cost to complete a dairy business planning grant application
Terms
The grant pays 50 percent of the cost to develop a business plan, up to $5,000. You must pay the other 50 percent.
Applications are funded on a first come, first served basis.
Resources
Dairy Business Planning Grant Application (PDF)
Livestock Expansion Loan Program
Livestock Equipment Loan Program
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Details
Tags
Organization
Minnesota Department of Agriculture (MNDA)
Financial Instrument
Grant, Cost Share
Maximum Award Amount
$5,000
Image Credit
Updated July 16, 2021
This information was gathered from public sources. Ambrook is not responsible for or able to affect the results of any financial programs listed, nor are they responsible for any incorrect information that is listed or is on the hyperlinked external sites. All information is subject to change.