planting

Farm Financial Management


Agricultural Funding Opportunities 

There are many opportunities for existing and beginning farmers to access loans and grant programs, both locally and at the federal level. Below are some of these funding opportunities.

CURRENT 

BIPOC Microloan Accelerator Program with Hudson Valley Agribusiness Development Corporation (HVADC). Throughout the duration of the program they offer a comprehensive curriculum that blends in-person, virtual, and on-demand learning to cover a range of important topics on financial literacy, operational skills, management skills, and prioritize mental and physical well-being. All entrepreneurs who successfully complete the program will receive a $5000 microloan, carrying a 1% interest rate and a 3-year term. The program's primary focus is to assist business of traditionally underserved populations in rural areas and provide access to capital, financial literacy programming, and business technical assistance to help businesses grow and become more sustainable.

Email any questions to dstanton@hvadc.org. The application deadline is June 20th.

USDA is now accepting applications for available funds with the Organic Certification Cost Share Program (OCCSP). The programs provides cost share assistance to producers and handlers of agricultural products who are obtaining or renewing their certification under the National Organic Program. Certified operations may receive up to 75 percent of their certification costs paid during the program year, not to exceed $750 per certification scope. 

Access the application form here. The deadline to apply is October 31, 2024. 

Applications will open in July 1, 2024 for the Brighter Future Fund grant with the American Farmland Trust. The Brighter Future Fund was launched in 2020 to assist farmers in successfully launching, growing, and sustaining farms in the face of forces impacting the food and agricultural system, including the COVID-19 pandemic, changing markets, severe weather, and climate change. 

Sign up to be notified about the grant here

LOCAL

Sullivan County Agri-Business Revolving Loan Fund

The Sullivan County Revolving Loan Funds provide seed capital and early-stage loans to eligible entrepreneurial companies who want to establish or expand within the county. Special consideration shall be given to assisting businesses owned and operated by persons of low-to-moderate income, as required by the specific program. For more information call the Sullivan County Division of Planning and Community Development at 845-807-0527 or visit their website.

Sullivan County Industrial Development Agency (IDA) Agri-Business Revolving Loan Fund

The IDA administers a revolving loan fund for agri-businesses. For more information on the loan program and an application, contact the County of Sullivan IDA office at 845-295-2603 or visit their website.

Sullivan County Partnership for Economic Development

Through the Sullivan Investments Revolving Loan Program and the Incubator Without Walls Revolving Loan Program, the Partnership provides financing along with technical assistance to businesses. For more information on the loan program and an application contact the SC Partnership office at 845-794-1110 or Sullivan County Partnership for Economic Development.

STATE

New York State Department of Agriculture and Markets

The Department offers various funding opportunities to ensure the growth of New York’s agricultural communities. These opportunities touch many parts of the diverse agricultural sector: connecting farmers with new markets; supporting marketing efforts for producers and retailers; getting local, healthy foods into schools; improving infrastructure on fairgrounds and in companion animal shelters statewide; ensuring climate-resilient farming practices; and more.

Agricultural Nonpoint Source Pollution Abatement and Control Program

Climate Resilient Farming

Marketing and Advertising of NYS Grown and Certified Specialty Products

Dairy Runway Program

visit: https://agriculture.ny.gov/funding-opportunities to explore relevant opportunities.

NORTHEAST

Northeast Dairy Business Innovation Center Funding Opportunities

Northeast Sustainable Agriculture Research and Education Grants

FEDERAL

USDA National Agricultural Library: Grants & Loans for Farmers

Although limited, financial support for small farms and farm-related businesses is available from a variety of federal, state, and local agencies, and from non-governmental organizations. Grants & Loans for Farmers

USDA Farm Service Agency Farm LoansOnline application launched for Direct Loan Customers.

USDA Rural Development

Natural Resources Conservation Service (NRCS)

National Institute of Food and Agriculture

PRIVATE 

Food Shed Capital

KIVA loans

Farm Credit East

Fruit Guys Community Fund

National Young Farmers Coalition Grant Program

Sky High Farm Grants

Brighter Future Fund - American Farmland Trust

Black Farmer Fund

Braiding Seeds Fellowship

Growing Spaces Urban Farming Grant

Small Business Innovation Research (SBIR)

ENERGY

Rural Energy for America Program (Loan & Grant)

NYSERDA

NYSERDA offers financial assistance to identify electric and natural gas energy efficiency measures for eligible farms and on-farm producers, including but not limited to: dairies, orchards, greenhouses, vegetables, vineyards, grain dryers, and poultry/egg. Farms must be customers of a New York State investor-owned utility and contribute to the System Benefits Charge (SBC). Please check your farm’s current utility bills.

Last updated June 17, 2024