CONDUCTING A UVM EXTENSION FARM VIABILITY PROGRAM© IN VERMONT LeVitre, R.A. Director, UVM Extension Farm Viability Program©, 278 South Main Street, Suite 2, St. Albans, VT 05478-1866 What is the UVM Extension Farm Viability Program© ? Provides farmers with a business plan service FV Program… • Uses specialists to provide technical assistance – In areas identified by farmers – To fulfill specific business goals Specialists… • UVM Extension Faculty & Staff • Extension colleagues from neighboring states • Private sector – Consultants • Examples – Ag engineers – Veterinarians – Marketing experts – Attorneys Business Goals… • • • • • • New farm enterprise Added value Estate & farm transfer Labor management Expansion Improved management At the Beginning… The Farm Family Business Plan Writer • Active participants • Conducts SWOT • Bring everything to the table • Time commitment • Develops their plan • • • • Builds trust Facilitates Brings in T.A. Puts the plan together The Process… • • • • • • • SWOT analysis Data collection Financial information Market description Labor details Construction projects Projected ideas & strategies End Results… Farm Family is able to: • Make informed decisions • Clearer knowledge of farm’s assets • Fine-tuned working document for financial institutions Evaluation… • Third party review by SBDC • Each farmer completes written survey – Evaluate progress & effectiveness of work • Year 2 evaluation – Implementation of the plan – Update for future direction – Review balance sheet – Questions on lifestyle changes How We Have Grown… • Since 2004 • $67,000 to over $550,000 • 1 new employee, 1 contractor & 1 faculty – To 3 hires, 10 contractors, & 3 faculty New Projects… • Dairy Management Teams • Northeast Kingdom Dairy Viability Program© Dairy Management Teams… • • • • • Facilitated discussion Trained facilitators Farmer priorities Selected team members Goals established with timelines NEK Dairy Viability Program© • • • • • USDA RD RBEG Economic Development Distressed area of the state “REAP” zone 3rd largest dairy area of state – Approximately 250 farms Funding is provided by… • VHCB – In collaboration with the VT Agency of Agriculture • USDA NRCS – Through Senator Leahy & Congressman Welch • USDA RME • Anonymous Donor • UVM Extension base dollars Future… • • • • Loss of “earmarks” Outcome based !!! New “spins” Multi-agency/organization collaborations • Multi-state • Marketing Next Steps… • Grants, contracts, donors • Marketing – Press – Radio – TV – WEB, Blog, social media • Significant evaluation In Summary… • Key feature to Farm Viability is development of a business plan • Other services are provided: – Farm Transfer information & assistance – Farm systems management planning – Technical assistance: ag engineering, marketing – Referrals to extension specialists Thank You RICK LEVITRE RICHARD.LEVITRE@UVM.EDU 802-524-6501 X451 Questions?