Missouri Dairy Business Update  
Volume 9, Number 2
February 2009

Missouri Dairy Business Planning Grant Program

The Missouri Department of Agriculture's Missouri Agricultural and Small Business Development Authority (MASBDA) has announced the next round of Dairy Business Planning Grants. Applications must be received no later than 5:00 p.m. on April 1, 2009. The application packet can be downloaded at this web address http://www.mda.mo.gov/masbda/pdf/dairyplanninggrant.pdf .

Purpose:
The goal of the Dairy Business Planning Grant (DBPG) is to improve profitability, increase production, encourage and facilitate startup, modernization, and expansion of Missouri dairy farms.

Funding Availability:
The DBPG shall not exceed $5,000 or finance more than 90% of the cost of the business plan, whichever is less. Applicants are required to pay the first 10 percent of costs for the dairy business plan from sources other than the State of Missouri.

Eligible Activities:
Proceeds from a grant may only be used to contract with a pre-approved, qualified dairy business planning professional to provide services necessary to assist the applicant in evaluating start-up, modernization, expansion, or increased production of a Missouri dairy farm.

Selecting a Consultant:
Consultants should be carefully selected based on technical expertise and experience to match the needs of the applicant. For help in selecting a consultant, please contact MASBDA or Joe Horner (hornerj@missouri.edu or (573) 882-9339) for assistance.

For More Information:
Missouri Agricultural & Small Business Development Authority
P.O. Box 630, 1616 Missouri Boulevard
Jefferson City, MO 65102-0630
Phone 573-751-2129
Fax 573-522-2416
E-mail: masbda@mda.mo.gov


Back to Missouri Dairy Business Update Index