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AgWest Farm Credit supports new producers with $15,000 grants
Spokane, Washington (March 8, 2024) AgWest Farm Credit, a cooperative lending association dedicated to supporting agriculture, has launched the application window for the New Producer Grant program, designed to help motivated producers get started in agriculture. The grant provides $15,000 in start-up funds to successful applicants to support their agricultural ventures.
Mark Littlefield, President and CEO of AgWest, said, “We’re continually inspired by the producers we get to know through the New Producer Grant program. Helping new producers start or grow their operations is allowing us to invest in the future of agriculture and build relationships with people we haven’t previously been able to serve. This program is an important component of our commitment to meet the credit needs of farmers and ranchers and the rural communities we serve.”
Program details
Benefits:
- One-time grant of $15,000
- Educational support and mentoring
Eligibility criteria:
- Be a full- or part-time agriculturalist with two years or less of operational experience or have plans to start an operation within two years of the grant application date.
- Have an operation located within AgWest Farm Credit’s territory.
- Not be a current AgWest lending customer.
- Must be 18 years of age and either a U.S. citizen or a foreign national lawfully admitted for permanent residency or pursuant to certain visas.
Application requirements:
- Prepare a business plan, cash flow budget, application and a one-page essay describing how the grant will help achieve operational goals.
- View three recorded webinars covering Financial Statement Basics at AgWestFC.com
- English and Spanish resources are available to assist with completing the application components.
Application deadline: May 31, 2024
Application link: Submit applications online at AgWestFC.com/new-producer-grant
For questions about the program, contact AgVision@AgWestFC.com.