Source: Alberta Milk
Alberta Milk is now accepting applications for the New Entrant Assistance Program (NEAP). The program helps qualified new farmers enter the dairy industry in Alberta by offering a quota loan at no cost. Applications will be accepted from January 1 to March 31, 2020.
“For the ninth year, Alberta Milk is proud to offer this program to eager new farmers,” says Chair Tom Kootstra. “There have been 18 new family dairy farms welcomed into the province through the NEAP and we hope to attract more this year.”
About the Program
The program works by matching two kilograms of quota from Alberta Milk for every kilogram of quota purchased by the new entrant up to 25 kilograms/day at no cost. This loan translates to enough quota to milk about 20-25 additional cows. While using the program, new entrants can expand up to 100 kg/day of total quota holdings, or about 80-100 cows. The loaned quota usage gradually expires beginning in the 11th year and reduces to zero at the end of year 19, marking the end of participation in the NEAP for the new entrant.
The process to qualify for the program consists of submitting a two-year financial business plan, a 10-year implementation plan, a risk mitigation plan, and a signed conditional letter of approval from the applicant’s financial institution agreeing to finance their operation.
It is important to note that joining this program is not a pre-requisite to becoming a dairy farmer in Alberta.
View the program guidelines and application. Further details about the program can be found at albertamilk.com or 1-877-361-1231.
Alberta Milk is also continuing to accept applications for our Organic Entrants Assistance Program. Similar to the NEAP, the program is designed to encourage growth in organic dairy production in Alberta but has different guidelines. You can review the Organic Entrants Assistance Program at albertamilk.com.