Opportunity Information: Apply for USDA NIFA FBMB 003180
Apply for USDA NIFA FBMB 003180
- The National Institute of Food and Agriculture in the agriculture business and commerce sector is offering a public funding opportunity titled "Farm Business Management and Benchmarking Competitive Grants Program" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 10.319 Farm Business Management and Benchmarking Competitive Grants Program.
- This funding opportunity was created on Apr 30, 2010 and posted on Apr 30, 2010.
- Applicants must submit their applications by Jun 15, 2010. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $1,400,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $1,400,000.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- Pursuant to 7 U.S.C. 450i(b)(7), eligible applicants means (A) State agricultural experiment stations (B) colleges and universities (C) university research foundations (D) other research institutions and organizations (E) Federal agencies (F) national laboratories (G) private organizations or corporations (H) individuals or (I) any group consisting of 2 or more of the entities described in subparagraphs (A) through (H).
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Opportunity Summary:
The Farm Business Management and Benchmarking (FBMB) Competitive Grants Program is a USDA National Institute of Food and Agriculture (NIFA) discretionary grant opportunity designed to support better farm-level decision-making by building a strong, consistent, and publicly accessible financial benchmarking resource for U.S. agriculture. The core goal is to fund a single lead entity to serve as a National Farm Management Center that will create and sustain a national farm financial management database and the supporting infrastructure needed to help farmers, ranchers, and other agricultural operators analyze their business performance and compare results against credible benchmarks.
At the heart of the project is standardization and usability. The Center is expected to coordinate standardized financial analysis methods that can be used broadly by producers and by farm management associations, so that financial statements and performance measures are comparable across regions, commodities, and farm types. In addition to developing and promoting common methodologies, the Center must provide the software tools that allow users to actually conduct the analyses. That includes tools to generate the financial metrics necessary for farm business management and to benchmark individual enterprises, meaning users should be able to assess performance not only at the whole-farm level but also by specific lines of business or commodities. Finally, the Center must develop and maintain an online national farm financial database that supports these analyses and makes benchmarking information publicly available. The database is intended to be accessible online to farmers, ranchers, other agricultural operators, farm management associations, and the general public, emphasizing broad transparency and widespread utility.
This opportunity was released under Funding Opportunity Number USDA NIFA FBMB 003180 and is cataloged under CFDA 10.319 (Farm Business Management and Benchmarking Competitive Grants Program). The funding instrument is a grant, categorized under Agriculture, Business, and Commerce. The program anticipated making one award, with an estimated total funding amount of $1,400,000 and an award ceiling of $1,400,000. There was no cost sharing or matching requirement, which means applicants were not required to provide non-federal matching funds as a condition of the award.
Eligibility is intentionally broad under the authorizing statute (7 U.S.C. 450i(b)(7)). Eligible applicants include state agricultural experiment stations; colleges and universities; university research foundations; other research institutions and organizations; federal agencies; national laboratories; private organizations or corporations; individuals; and partnerships or groups made up of two or more of these eligible entity types. In practical terms, this structure allows a wide range of potential applicants, including multi-institution collaborations, to compete to host and operate the National Farm Management Center.
The posting date for the announcement was April 30, 2010, with an original and current closing date of June 15, 2010, and an archive date of July 15, 2010. For access issues related to the full electronic announcement, the notice directs applicants to the NIFA Help Desk at 202-401-5048 during business hours (Monday through Friday, 7:00 a.m. to 5:00 p.m. Eastern Time, excluding federal holidays), and it notes that this same channel can be used for questions regarding the request for applications.
Farm Business Management and Benchmarking (FBMB) Competitive Grants Program FAQs
What is the FBMB Competitive Grants Program?
The Farm Business Management and Benchmarking (FBMB) Competitive Grants Program is a USDA National Institute of Food and Agriculture (NIFA) discretionary grant opportunity focused on improving farm-level decision-making by building a strong, consistent, and publicly accessible financial benchmarking resource for U.S. agriculture.
What is the main purpose of this grant opportunity?
The core purpose is to fund a single lead entity to serve as a National Farm Management Center that will create and sustain a national farm financial management database and the supporting infrastructure needed for farmers, ranchers, and other agricultural operators to analyze business performance and compare results against credible benchmarks.
What is meant by a "National Farm Management Center" in this opportunity?
In this program, the National Farm Management Center is the single lead entity funded to coordinate standardized financial analysis methods, provide software tools for analysis and benchmarking, and develop and maintain an online national farm financial database that supports benchmarking and makes information publicly available.
How many awards does the program expect to make?
The program anticipated making one award.
What is the total funding amount available?
The estimated total funding amount was $1,400,000.
What is the maximum award amount (award ceiling)?
The award ceiling was $1,400,000.
Is cost sharing or matching required?
No. There was no cost sharing or matching requirement, meaning applicants were not required to provide non-federal matching funds as a condition of the award.
What type of funding instrument is used?
The funding instrument is a grant.
Which agency is offering this opportunity?
This opportunity is offered through USDA's National Institute of Food and Agriculture (NIFA).
What is the Funding Opportunity Number?
The Funding Opportunity Number is USDA NIFA FBMB 003180.
What is the CFDA number for this program?
The program is cataloged under CFDA 10.319 (Farm Business Management and Benchmarking Competitive Grants Program).
How is the opportunity categorized?
The opportunity is categorized under Agriculture, Business, and Commerce.
Who is eligible to apply?
Eligibility is broad under the authorizing statute (7 U.S.C. 450i(b)(7)). Eligible applicants include:
- State agricultural experiment stations
- Colleges and universities
- University research foundations
- Other research institutions and organizations
- Federal agencies
- National laboratories
- Private organizations or corporations
- Individuals
- Partnerships or groups made up of two or more eligible entity types
Can partnerships or multi-institution collaborations apply?
Yes. The eligibility language explicitly includes partnerships or groups made up of two or more of the eligible entity types, allowing multi-institution collaborations to compete to host and operate the National Farm Management Center.
What is the project expected to build or deliver?
The Center is expected to create and sustain a national farm financial management database and the supporting infrastructure needed to enable farm business analysis and benchmarking.
What is the role of standardization in this project?
Standardization is central. The Center is expected to coordinate standardized financial analysis methods that can be used broadly by producers and by farm management associations so financial statements and performance measures are comparable across regions, commodities, and farm types.
Will the project develop common financial analysis methodologies?
Yes. In addition to creating the database, the Center must develop and promote common methodologies for financial analysis.
Are software tools part of the expected deliverables?
Yes. The Center must provide software tools that allow users to conduct the analyses, including tools to generate the financial metrics needed for farm business management and benchmarking.
What kinds of benchmarking should the tools support?
The tools should support benchmarking at both the whole-farm level and the enterprise level. That means users should be able to assess performance by specific lines of business or commodities, not only overall farm performance.
Is the database expected to be available online?
Yes. The Center must develop and maintain an online national farm financial database that supports the analyses and makes benchmarking information publicly available.
Who is the database intended to serve?
The database is intended to be accessible online to farmers, ranchers, other agricultural operators, farm management associations, and the general public.
Does the opportunity emphasize public access and transparency?
Yes. The description emphasizes broad transparency and widespread utility by making benchmarking information publicly available and accessible online.
When was the announcement posted?
The posting date for the announcement was April 30, 2010.
What was the application closing date?
The original and current closing date was June 15, 2010.
When was the opportunity archived?
The archive date was July 15, 2010.
Who should applicants contact for help accessing the full electronic announcement?
The notice directs applicants to the NIFA Help Desk at 202-401-5048 for access issues related to the full electronic announcement.
What are the NIFA Help Desk hours?
The Help Desk hours are Monday through Friday, 7:00 a.m. to 5:00 p.m. Eastern Time, excluding federal holidays.
Can the NIFA Help Desk also answer questions about the request for applications?
Yes. The notice states that the same channel can be used for questions regarding the request for applications.
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Applicants also applied for:
Applicants who have applied for this opportunity (USDA NIFA FBMB 003180) also looked into and applied for these:
| Funding Opportunity |
|---|
| Farm Business Management and Benchmarking Program Apply for USDA NIFA FBMB 003450 Funding Number: USDA NIFA FBMB 003450 Agency: National Institute of Food and Agriculture Category: Agriculture Business and Commerce Funding Amount: $1,400,000 |
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