Skip to content

Grant Funding Announced For Livestock Producers!

October 27, 2014

The Minnesota Department of Agriculture recently announced available funding for farmers through the Livestock Investment Grant Program (LIGP). The grant application period closes December 10th.

Successful applicants will be reimbursed ten percent of the first $500,000 of proposed investment, with a minimum investment of $4,000. In other words, grant awards range between $50,000 (total lifetime) to $400. Qualifying projects include investment in buildings and capitol that have been purchased following the receipt of the award, meaning the project must not start until notification of an award from the Minnesota Department of Agriculture.

Authorized expenditures cover the purchase, construction, and/or improvement of facilities for the production of livestock, including energy efficient equipment like LED lights, plate coolers, high volume low speed fans, variable speed drives, and more! Also eligible are livestock producers who have suffered from a natural disaster. The grant does not cover, however, the purchase of new land and livestock, as well as the cost of debt refinancing.

Grant applicants are scored competitively based partly on the following metrics:

  • Does the project improve profitability or efficiency?
  • Does the investment have a positive impact on the environment?
  • Does the project bring new livestock and employment opportunities into the area?

The application period is open and available online here with helpful instructions included. Again, individuals have until December 10, 2014 to submit their applications online or in paper format.

Started in 2008 as part of the Agricultural Growth, Research, and Innovation Program (AGRI), the Livestock Investment Grant program was designed to promote the long-term development of Minnesota’s $7 billion dollar livestock industry. Since then, grant recipients have invested approximately $93 million into improving their livestock operation! These grants not only help support the industry statewide, but also improve its competitiveness nationally. And in some instances, investments spent on modernizing equipment and similar improvements have helped accelerate the farm passage to their children.

If you have any questions or need any assistance with the application process, please contact The Minnesota Project’s Energy Program Director Fritz Ebinger, by phone at (651) 789-3330, or by email at FEbinger@mnproject.org. Good luck and capture those savings!

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: