About
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.
Products
Eligibility
Existing and beginning Minnesota dairy farmers are eligible for this grant.
The cost of services that are not directly related to the improvement and continuance of the dairy farm are ineligible for this grant, such as:
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Nutrition consulting
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Retirement and investment planning
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Tax planning and tax return preparation
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Intergenerational transfer planning that discontinues the dairy enterprise
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Loan origination or documentation fees
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Chattel real estate appraisal
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Crop consulting
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Nutrient management planning – except as required in the business plan
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Veterinary/herd health consulting
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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. Applicant must pay the other 50 percent.
Resources
Similar Programs
Minnesota Dairy Business Planning Grants
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Details
Organization
Minnesota Department of Agriculture (MDA)
Financial Instrument
Grant
Minimum Award Amount
Maximum Award Amount
$5,000
Image Credit
Updated February 10, 2022
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.
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