New applications are being accepted for the Dairy Business Planning Grant Program in Missouri. The Missouri Department of Agriculture announced last week that the Missouri Agricultural and Small Business Development Authority has funding available to accept additional applications for the 2011program.
The funding will enable dairy producers to work with a qualified dairy business planning professional to develop a business plan for the startup, modernization, expansion or increased production of a Missouri dairy farm. The Missouri Soybean Association and the Missouri Dairy Growth Council provide funding for the Dairy Business Planning Grant Program.
"The dairy industry is vitally important to Missouri, and as such we greatly appreciate the investments of organizations like the Missouri Soybean Association and Missouri Dairy Growth Council," said Director of Agriculture Jon Hagler. "These business planning grants will help farmers as they seek innovative ways to grow and further develop their existing operations as well as provide needed assistance to those who want to enter the dairy industry."
The dairy planning grant may finance 90% of the cost of the business plan, up to $5,000. The dairy producer is required to pay at least 10% of the cost of the work done. Applications are scored competitively.
Applications are online at www.mda.mo.gov and must be received by MASBDA no later than 5 p.m. on Thursday, June 30, 2011. For more information, contact MASBDA at (573)751-2129 or e-mail [email protected].
Source: Missouri Department of Agriculture