FarmStart, LLP

Are you a new farmer or farm cooperative who is confident that you’ll be successful, but have a minimal track record and limited financial resources? Have you written a business plan and done your homework on your proposed venture? Can you demonstrate responsibility, good work ethic and follow-through?
FarmStart assists beginning farmers and new cooperatives through their start-up years by providing working capital investments of up to $50,000. Repayment of these funds is up to five years. FarmStart is envisioned as a key element in the success of startup ag businesses. Recipients have the opportunity to develop a successful credit record and to learn the discipline of effective cash flow management.

Who is eligible?
Farmers, forestry producers, fishermen, farm-related service businesses and cooperatives, generally in their first three years of business.

Each FarmStart participant will work with a Farm Credit adviser, knowledgeable in financial management. Advisers stay in touch with participants to help them follow through with their business plan. They also encourage FarmStart recipients to use other professionals, as necessary, to solve problems and develop their business venture.

Business plan
We’re looking for substance, not fluff. The business plan is a productive way for new business owners to demonstrate their ability to successfully use their FarmStart investment. Five key business components should be included in the plan. Please refer to guidelines, available in your local Farm Credit East branch or from your adviser, on how to write a business plan.

Free ag-specific computer software
Yes! Red Wing Software, America’s premier provider of financial management software for agriculture, will provide CenterPoint software to FarmStart participants at no cost with the purchase of a Silver Level Customer Care Plan.

To sum up …
The goal of FarmStart is to provide working capital to help start-up farmers establish a positive business and credit history during the early phases of their business careers. Within five years, recipients should be positioned to graduate to a conventional line of credit from Farm Credit East or CoBank.

For more information
Contact your local branch of Farm Credit East or e-mail

FarmStart Celebrates 5 Years
In celebration of the program’s fifth year, Farm Credit East released a FarmStart report. The report looks at the present state of United States agriculture industry and the challenges many new farmers face. The report also highlights 10 FarmStart participants and the new approaches many participants are using to garner success in the competitive agriculture industry. For an electronic copy of the report click here. For a hard copy of the report, contact Kristie Schmitt by email or at 800.562.2235.

Contact FarmStart, LLP

Branch Manager: Lynn Weaver
Farm Credit East
785 Hartford Pike
Dayville, Connecticut  06241
Phone: 860.774.0717
Toll Free: (800) 327-6785
Fax: (860) 774-6121


Service Area

Statewide service provider in:
  • Connecticut
  • Massachusetts
  • New Hampshire
  • New Jersey
  • New York
  • Rhode Island

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