Should You Apply for a Grant?
Should You Apply for a Grant? Here’s How to get started.
We get it – government grants can feel like a total headache. You've got emails, newsletters, and websites all throwing opportunities your way, but it’s hard to tell what’s worth your time. Then there’s the tasks of reviewing the 50-page Request For Proposals (yikes), figuring out if you’re eligible, and wondering if you can stack grants on top of each other. Oh, and then you actually have to write the application… for weeks. Is it even worth it?
Spoiler alert: Yes, it can be! These days, grants are funding all kinds of exciting projects – from energy efficiency upgrades to cutting-edge farm equipment and renewable energy installations. Whether you’re looking to make your farm more sustainable, invest in new technology, or save money on big-ticket items, there could be a grant out there for you.
So, how do you know if you should apply? Here’s a roadmap:
1. Plan Ahead
- Think about the projects you want to tackle in the next 6 months to 1 year. Grants take time and planning, so it’s best to start early.
- For example, if you're eyeing a solar panel installation or upgrading irrigation systems, you’ll need a solid timeline to line up with grant cycles. some text
- Pro Tip: The USDA's REAP (Rural Energy for America Program) can cover up to 50% of costs for energy-efficient improvements or renewable energy systems. Think at least 8 months ahead of when you would like to implement these projects, giving 2 months to find an installer and put together a quality application and 4-6 months for the USDA to process your application.
- Remember: Don’t start or pay for anything before you apply! Many grants will disqualify you if the project is already in motion. For example, if you're looking at applying for a REAP grant for energy efficiency, don't buy that energy-efficient equipment until you're notified that you’ve won the grant award.
2. Understand the Costs (and the Types of Grants Available)
- Break down your project’s budget. Grants love clean, organized numbers, so be prepared with accurate cost estimates.
- Keep those financial records tight! Clean books can make or break your application. (And trust us, nothing says "red flag" to grant reviewers like messy accounting.)
3. Align with Your Big Picture
- Make sure your project isn’t just a one-off but part of your farm’s long-term vision. For instance, installing a milking robot might free up labor so you can focus on growing other areas of the business.
Need Help Navigating the Maze?
Here’s where we come in. Talk to us at Lasso about your project ideas. We’ll help you find the right grant, plan your timeline, and get your application in shape. Don’t let the paperwork scare you off – let's get that funding and make your vision a reality!