Scholarships are now available to help Minnesota organic fruit and vegetable growers participate in one-to-one farm business management guidance. Funds also are available to farmers transitioning from conventional to organic operations.
Participants in the Farm Business Management program (FBM) of Minnesota State’s Center for Northern Agriculture Excellence will improve their knowledge of accounting, budgeting, finance, tax management and business analysis. They will learn how tools such as the FINBIN database equip farmers with data to inform their decisions and help the center collect and analyze organic financial data.
The annual cost for the FBM program is about $2,000. The University of Minnesota and FBM will fund 25 to 50 percent of the costs for eligible farms.
“Minnesota’s organic community is growing and we’re glad to help make these tools available to organic farmers,” said Joleen Hadrich, University of Minnesota Extension ag economist and associate professor in applied economics.
These scholarships for organic fruit and vegetable growers will help continue the expansion of ag business management programming to Minnesota’s organic community. Nearly a quarter of Minnesota’s organic farmers concentrate on fruit and vegetables.
Minnesota State’s Center for Northern Agriculture Excellence has more information about the organic benchmarking cost-share program. You also can contact Hadrich at firstname.lastname@example.org or Gigi DiGiacomo, research fellow in the department of applied economics, at email@example.com.