Minnesota Grants
Beginning with Compeer Grant
Amount: $250-$2,000
Requirements:
Reside in Compeer Financial’s 144-county territory
Have started farming no longer than 10 years ago
Demonstrate that farming is the applicant’s part-time or full-time vocation
Soil Health Financial Assistance
Amount: $500 - $45,000; 50%Cost-Share
Source: www.mda.state.mn.us/soilhealthgrant
Requirements:
Individual producers, producer groups, and local government units are eligible to apply
Eligible equipment purchases must advance soil health in Minnesota
Down Payment Assistance Grant
Amount: up to $15,000
Requirements:
Individual (LLCs, partnerships, etc. must apply and buy farm as individual)
Minnesota resident
Earn less than $250,000 annually in gross agricultural sales
Applicants and their spouses have never owned a farm
Cannot buy farm from family member (new)
Will provide the majority of labor and management on the farm
Will farm the land for at least 5 years