With approximately 2,060,000 farms in the US, it’s not surprising the need for farm equipment grants has never been greater.
Luckily for you, we’ve written a quick article on the subject to help you secure the funding you need. Let’s dive in!
1. Show Your Business Plan
If you’re on the hunt for a grant for farm equipment, you’ll have to show the government how you’ll use the tools you’re requesting. For example, you should list kind of crops you plan to farm, and the farming techniques you’ll use.
Your business plan will also need to detail the amount of money you’ll need and why you’re applying for the grant.
2. Do Your Research
There are plenty of different research grants out there, you just need to find them.
If you’re not sure where to begin, head over to the Sustainable Agriculture Research and Education website. This has tons of info detailing all the grants they provide.
You’ll also find the U.S. Department of Agriculture, provides grants to purchase new farm equipment.
3. Dig Deeper
As you compile a list of potential awards you want to apply for, you’ll need to conduct more in-depth research. You can scour the organization’s website, LinkedIn page, and you could even make a call.
We always advise applicants to telephone the grant administrator. Tell them what you need the grant for, and be sure to ask specific questions relating to your farming scenario. For example, are there any limits as to how you can use the funding? Also, how many grants are there available?
Some grants are easier to come by than others, so be sure to bear that in mind.
To increase the likelihood of securing a grant, you’ll want to ensure you apply for numerous schemes. There are tons of different programs out there, and some you’ll be eligible for, and other you won’t be. Presently, there’s even dedicated funding for:
- New farmers
- Minority farmers
- Female farmers
At the end of the day, if you decide at a later date you no longer want the grant (or, who knows? maybe you’ll get more than one offer!) you can later reject the funding.
Last but not least, as evident as this sounds, make sure you hand in your application in time. Tuning in your forms after the deadline almost always results in an unsuccessful application.
If after all that you don’t secure the money you need to purchase new equipment, you could always look for discounted goods, for example, Agmarket – farm clearing sales
Have Your Learned a Few Things About Farm Equipment Grants?
We hope this article’s taught you a thing or two about farm equipment grants. Here at News Blaze, we’re proud to say we have plenty of articles written about the agricultural industry- so hopefully you can make use of those!
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