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.
Enterprises
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:
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. Applicant must pay the other 50 percent.
Application Instructions
Contact the grant administrator to find out if your project is eligible.
Complete and submit the Dairy Business Planning Grant Application (PDF) or apply online.
The application asks for the following information:
Farm summary
Goal of business plan
Professional services you will be using to develop business plan.
Budget of project
An MDA review committee will look over your project and decide if it should be funded.
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Details
Organization
Financial Instrument
Grant
Maximum Award Amount
$5,000
Updated September 8, 2024
Image Credit: Austin Santaniello
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