Cover photo for Minnesota Dairy Business Planning Grants

Minnesota Dairy Business Planning Grants

Minnesota Department of Agriculture

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

Similar Programs

Details

Organization

Minnesota Department of Agriculture (MNDA)

Financial Instrument

Grant, Cost Share

Maximum Award Amount

$5,000

Image Credit

Cedar Summit Farm

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.