Farm Business Management and Benchmarking Competitive Grants Program
ID: 357976Type: Posted
Overview

Buyer

National Institute of Food and Agriculture (USDA-NIFA)

Award Range

$50K - $450K

Eligible Applicants

Others

Funding Category

Agriculture

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/357976

Additional Information

https://www.nifa.usda.gov/grants/funding-opportunities/farm-business-management-benchmarking-competitive-grants-program
Timeline
    Description

    The National Institute of Food and Agriculture (NIFA) is offering the Farm Business Management and Benchmarking Competitive Grants Program for fiscal year 2025, with an estimated total funding of $2 million. This program aims to enhance the management knowledge and skills of agricultural producers by maintaining and expanding a national financial management database, while also supporting educational initiatives across diverse agricultural communities. Eligible applicants include a wide range of entities such as state agricultural experiment stations, colleges, universities, private organizations, and individuals, with funding options available for Standard Grants up to $450,000 and Planning Grants up to $50,000. Applications are due by February 20, 2025, at 5:00 PM Eastern Time, and interested parties can direct inquiries to grantapplicationquestions@usda.gov for further assistance.

    Files
    Title
    Posted
    FY25-FBMB-RFA-P.pdf
    The USDA's National Institute of Food and Agriculture (NIFA) has issued a Request for Applications (RFA) for the Farm Business Management and Benchmarking (FBMB) Competitive Grants Program for fiscal year 2025, with anticipated funding of $2 million. The program aims to enhance agricultural producers' management knowledge and maintain a publicly accessible financial management database. Applications are due by February 20, 2025, at 5:00 PM Eastern Time. Eligible applicants include a wide range of institutions, from agricultural experiment stations to private organizations and individuals. The program prioritizes innovative approaches that address critical challenges in U.S. agriculture, supports diverse agricultural communities, and requires integration of diversity, equity, inclusion, and accessibility (DEIA) in projects. Applicants must address specific objectives and strategies, such as expanding the national financial management database and providing educational programs for various crops and regions. Funding options include Standard Grants up to $450,000 for 12-36 months and Planning Grants up to $50,000 for a year. The evaluation process will consider project potential, implementation, evaluation robustness, personnel qualifications, and budget realism. The RFA highlights the importance of a detailed project narrative and compliance with stringent administration policies. This initiative underscores a commitment to adapting agricultural management practices to ensure sustainable farm operations amidst evolving industry challenges.
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