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Funding Sources Info – Or is “Free Money” Worth It?

This article was featured in the Summer 2017 Quarterly.

For those who could not attend, a brief recap of several of meetings across ENY Liz Higgins of the Eastern New York Commercial Horticulture Program (ENYCHP) held to discuss the reality of hunting and gathering funding for starting or expanding ag businesses.

By Liz Higgins and Sandy Buxton, Cornell Cooperative Extension

My phone rings on a regular basis with a future client asking questions about grants available to help them start farming. Unfortunately, the answer to that question is often not what they want to hear.

There is no such thing as free money. And money which may appear free, rarely is. A business owner must choose a funding source which complements the business and does not create a distraction or drive the business in a direction outside of the business plan.

Several months ago, Liz Higgins of the Eastern New York Commercial Horticulture Program (ENYCHP) held several of meetings across ENY to discuss the reality of hunting and gathering funding for starting or expanding ag businesses. While many wannabe or expanding farmers seek grant money, it is rarely the boon they hope for…

Read the rest of the article here.

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