Beginning farmers need your support. Please donate to the Savings Incentive Program today. Over 100 donors in 2010 gave generously in the amount of over $140,000. We continue to seek an additional $110,000 to reach our goal of $250,000. If we raise that money, 94 farms may receive savings matches for the Savings Incentive Program.
Support for Beginners
The Savings Incentive Program will entice beginning farmers to save $100 a month for two years; after two years, SIP will match their savings $1:$1. The beginning farmer can then use this savings to purchase a farm asset (like machinery, land, or livestock).
The Savings Incentive Program is more than a dollar match. It is a program designed to help beginners succeed. Those enrolled will:
If fully funded, ninety-four farms of beginnings around the state will benefit from this program by 2016.
Who is Eligible?
Applicants must be:
"42% of Iowa farmers will retire in the next five years."
1. Farming now and have farmed for 5 years or fewer
2. Members of PFI (join today)
3. A legal resident of Iowa and/or farm in Iowa