Apply for Business Budgeting Grants

To assist dairy farms struggling to manage cash flow in a cash-negative milk sales environment, the Center for Dairy Excellence is offering forty $1,500 “Cash Projection and Business Budgeting” grants. The grants were made available as an initiative of the Pennsylvania Dairy Task Force’s Business Management Committee.

Any Pennsylvania dairy farm that is not already doing comprehensive cash projection and business budgeting can apply to receive the grants. They are available on a first-come, first-serve basis, pending the approval of the applicant. The funds must be used for professional services employed to do comprehensive cash flow projections, production costs analysis, dairy business budgeting, and business restructuring. In exchange for receiving the funds, producers must commit to participating in a 2-hour training course about Pennsylvania dairy resources, which will be made available in a conference call setting.

All applications must be submitted by May 1, 2009, for consideration, and invoices must be paid and submitted for reimbursement to the center by August 1, 2009.

Click here to download the application.

For more information, call 717-346-0849 or e-mail info@centerfordairyexcellence.org.