Dairy Business Innovation Initiatives Program (DBI) Fiscal Year 2024
ID: 355121Type: Posted
Overview

Buyer

Agricultural Marketing Service (USDA-AMS)

Award Range

$2M - $7M

Eligible Applicants

Others

Funding Category

Agriculture

Funding Instrument

Grant

Opportunity Category

Mandatory

Cost Sharing or Matching Requirement

Yes
Timeline
    Description

    The Agricultural Marketing Service of the U.S. Department of Agriculture (USDA) is inviting applications for the Dairy Business Innovation Initiatives Program (DBI) for Fiscal Year 2024. This grant opportunity is specifically available to the existing four initiatives of the DBI program, which include the California State University Fresno Foundation, the University of Tennessee, the Vermont Agency of Agriculture, Food and Markets, and the University of Wisconsin, with the aim of diversifying dairy product markets, promoting business development, and encouraging regional milk production. The total estimated funding for this program is $23 million, with individual awards ranging from $1.84 million to $7.05 million, and applications must be submitted electronically via Grants.gov by August 27, 2024, to be considered. For further inquiries, applicants can contact the grantor at IPPGrants@usda.gov.

    Point(s) of Contact
    Files
    Title
    Posted
    The Dairy Business Innovation (DBI) Initiative outlines specific terms and conditions for federal grants aimed at modernizing and enhancing the dairy sector. It allows subawards to support businesses in three key areas: modernization and specialization of dairy farms, innovation in dairy processing, and product development and marketing of dairy products. Notably, the initiative permits the purchase of special-purpose equipment, such as milking equipment or refrigerated storage, provided that it aligns with the program's objectives and meets defined criteria, such as necessity for grant activities and non-availability elsewhere. However, general-purpose equipment and new construction activities are generally unallowable, although facility upgrades that do not significantly alter existing structures are permissible. Overall, the DBI Initiative aims to boost the dairy industry’s efficiency and promote collaboration among businesses while ensuring compliance with outlined regulatory requirements.
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