FarmRaise – Simplified Farm Funding
Restoring vitality to American farms through easier access to funding
About the Company:
FarmRaise is a small team of farmer-obsessed entrepreneurs, some of whom come from farming families, others with experience working at the USDA, in agribusiness, in tech, and in agriculture finance.
FarmRaise promotes the vitality of rural communities by equipping farmers with capital to invest in their operations for the next generation. FarmRaise’s new digital Environmental Quality Incentives Program (EQIP) application simplifies the process and saves time by helping farmers apply to this NRCS grant in less than 20 minutes. FarmRaise also sends funding opportunity updates tailored to farmer’s location and crop on a weekly basis and is available to consult and advise farmers on different loan options.
FarmRaise has taken steps to protect your information, protect your privacy and provide a platform that is a secure resource for you to streamline your farm funding needs and save information for future applications.
About the Solution:
FarmRaise is a farmer oriented team that helps you get farm funding (grants, loans, cost-share). They have developed a simplified farm funding app that applies you for major USDA cost-share programs in less than 20 minutes. They also track local and state funding programs as these programs open throughout the year and provide 1:1 support to help you unlock more capital.
They exist because farmers and ranchers asked for more accessible farm funding. They know producers are struggling to be profitable and aim to equip farmers across America with the tools they need to reach their goals. Their mission is to demystify ag finance, eliminate stressful paperwork, and make funding more accessible to producers.
FarmRaise is a subscription based service ($25/month, cancel anytime) and offers real-time alerts on local and federal grant programs, a simplified, common app for cost-share and loans, and 1:1 farm funding support through FarmRaise during office hours. If FarmRaise secures you more than $50K in funding, they charge $500. If they get you more than $100K, they charge you $1,500. They only get paid for grant and loan applications if you do.
FarmRaise is not trying to replace the USDA. The USDA and its affiliates (including the Farm Service Agency and the Natural Resources Conservation Service) provide crucial consultation and technical services to farmers (not to mention billions of dollars in grant and cost-share funding!). FarmRaise is here to simplify government paperwork on the front end so that USDA agents have more time to partner with you. They can also connect you to private funding opportunities in addition to government programs and although they are not a bank, they do partner with banks and lending agencies to connect their services to farmers.
Solution Strengths, Weaknesses and Critical Indicators
Consultants, Developers & Service Providers:
- Can be an integral part of a project team
- Generally used to provide specific expertise or to reduce the responsibility or risk
- Most projects have at least some Consultants, Developers and Service Providers
- Consultants are generally hired to oversee or advise in a specific area of expertise
- Developers usually are responsible for the entire project
- Service Providers typically provide services in a particular area of expertise
- No Consultant, Developer or Service Provider can make a bad project successful
The U.S. dairy community is committed to conserving natural resources and making progress to address environmental issues. The industry has set 2050 goals supporting a vision that dairy can be an environmental solution. The goals have been set in the areas where U.S. dairy can collectively have the greatest impact and where dairy companies and farmers have demonstrated leadership and impact through new technologies and on-farm practices in feed production, cow care, energy efficiency and manure management. This service is included in the Newtrient Solutions Catalog because we feel it can help the U.S. dairy industry to meet the 2050 goals.
1. OPERATIONAL HISTORY