Minnesota dairy farmers now have access to an enhanced tool aimed at streamlining their business operations. The Dairy Business Planning Grant, administered by the Minnesota Department of Agriculture, has undergone a revamp of its application process. The grant provides funding to hire an independent third party who can create a comprehensive business plan for dairy operations.
While the grant does not cover capital purchases, it offers financial support for planning various aspects such as operations, environmental upgrades, and business transfers. The grant covers 50% of the plan development costs, with a maximum of five thousand dollars. Applications are processed on a first-come, first-served basis, emphasizing the importance of prompt submission.
For more detailed information and to apply for the Dairy Business Planning Grant, visit the Minnesota Department of Agriculture's official website at https://www.mda.state.mn.us/. This grant update seeks to assist dairy farmers in optimizing their operations and navigating business challenges effectively.
Photo Credit: GettyImages-JoeGough
Categories: Minnesota, Business, Livestock, Dairy Cattle