The Savings Incentive Program (SIP) is a two-year program supporting beginning farmers in creating successful farm businesses. Participants complete business-planning trainings (Farm Finance Fundamentals, Marketing Fundamentals), receive one-on-one mentor matching and networking, and save up to $4,000 in a farm savings account over two years. After completing the program, PFI matches the participant's savings dollar-for-dollar, up to $4,000, to use toward the purchase of a farm asset or assets.
Eligibility
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Be a farmer or farm operator with less than seven years of experience.
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Reside in Iowa or farm in Iowa or adjoining states.
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Be a member of Practical Farmers of Iowa.
Details
Release Date
August 10, 2026
Deadline
October 23, 2026
Organization
Financial Instrument
Grant
Maximum Award Amount
$4,000
Application Instructions
Applications for the Class of 2028 will be accepted Aug. 10-Oct. 23, 2026, via the SIP application form at the top of https://practicalfarmers.org/programs/savings-incentive-program/. Contact PFI's Amber Mohr for more information.
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Updated September 2, 2026
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