Maine Farms for the Future Program (FFF)

Maine Department of Agriculture, Conservation and Forestry

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Grant amount: Up to US $6,000

Next anticipated deadline: Jun 24, 2020 1:00pm PDT

Later anticipated deadlines: Oct 8, 2020 8:59pm PDT

Applicant type: For-Profit Business

Funding uses: Project / Program, Research

Location of project: Maine

Location of residency: Maine

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Overview:

Maine Farms for the Future Program

The Maine Farms for the Future Program is a competitive grant program that provides selected farms with business planning assistance and investment support.

The goal is to provide grants to for farm business owners to conduct research and strategic business planning on their “Ideas for Change” that might increase Farm Vitality, which is defined as, “an increase in long-term, maintainable, farm profitability and net worth."

The Program offers a spring and fall application period for eligible farm business owners who choose to apply.

The Phase 1 grant allows selected farmers to research ideas for change on their farm and work with a certified business advisor, as well as other agricultural and professional service providers to develop an investment-grade business plan.

The Phase 2 cash grant and/or low-interest rate on a loan through the Agricultural Marketing Loan Fund (AMLF), assists those farmers selected for Phase 1 between January 1, 2000 and the current year, who have a current business plan with implementing the project(s) described in their Business Plan. In exchange for a Phase 2 grant, each farm must sign a Farmland Protection Agreement that will be valid for 7 years. If a farm is permanently protected with a conservation easement, the farm may only compete for the low-interest rate on the AMLF loan.

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website.