Using a team approach to provide greater insight into your business decision making process can lead to improved profitability, enhanced performance and future opportunities. It can also smooth the road for transition to the next generation or transform into a new business model. The Center for Dairy Excellence leverages funds provided through the Commonwealth of Pennsylvania to provide grants to individual farms to establish either a Dairy Profit, Transition or Transformation Team.
To participate in one of the programs, farms must complete an application. A demonstrated in-kind or financial match for all team grant reimbursements is required. To review additional program guidelines outlined for the 2016-17 Fiscal Year, click here. A $100 application fee is required for all On-Farm Resource Programs.
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Dairy Profit Teams: Dairy farms with existing profit teams or that establish a new profit team to work in an advisory role for the farm can receive up to $2,000 in reimbursements for paid team members and discovery-related costs. Profit teams typically consist of the farm’s most trusted advisors, with a facilitator designated to coordinate the meetings and work flow.*
- Dairy Transition Teams: This grant is designed to help the farm establish a team to develop a transition or succession plan. Farms can apply to receive up to $3,000 in funding, which could cover the cost of paid team members, discovery-related costs and lawyer expenses.*
- Dairy Transformation Teams: New with the expanded program, the Transformation Team option allows producers considering a major business transformation to apply to receive up to $5,000 to establish a team to help plan and work through that transformation. The grant may also include additional funding if the farm’s plan involves a renewable energy component.
New for 2016-17, both Dairy Profit and Dairy Transition Teams can access an additional $1,000 beyond the base grant in matching funds to cover the cost of professional services to create a business plan or environmental compliance plans. All expenses must be submitted using an expense reimbursement form.
For more information about the 2016-17 On-Farm Resource Team Programs, please contact Melissa Anderson at 717-346-0849 or[email protected].
See the Center for Dairy Excellence website
Speak to an expert at King’s AgriSeeds now at 1-717-687-6224 or email us at [email protected].