Opportunity Information: Apply for USDA NIFA FBMB 009822
The Farm Business Management and Benchmarking (FBMB) Competitive Grants Program is a discretionary grant opportunity run by the USDA National Institute of Food and Agriculture (NIFA) that focuses on strengthening the business and financial management capabilities of agricultural producers. The program does this by supporting efforts to maintain, improve, and expand a national farm financial management database that is publicly available. The idea is that better, more accessible benchmarking and financial performance information helps producers and those who advise them make more informed management decisions, compare performance across similar operations, and ultimately improve farm business outcomes.
Funding is provided through a grant instrument under the Agriculture funding activity category (CFDA/Assistance Listing 10.319). The opportunity number is USDA NIFA FBMB 009822. For this specific posting, the application closing date was April 10, 2023, and the maximum award amount (award ceiling) was $500,000. While the notice references expected awards, the number of awards is not specified in the provided listing.
Eligibility is broad, but applicants must meet all requirements laid out in the Request for Applications (RFA) by the application deadline; missing eligibility criteria can lead to the application being excluded or prevent NIFA from making an award. Eligible applicants, as defined under 7 U.S.C. 3157(b)(7), include state agricultural experiment stations; colleges and universities; university research foundations; other research institutions and organizations; federal agencies; national laboratories; private organizations or corporations; and individuals. Applications can also be submitted by groups or partnerships made up of two or more of these eligible entity types. In addition, award recipients are allowed to subcontract with organizations that are not themselves eligible to apply, as long as those partners are necessary to carry out the project.
Overall, this program is best suited for applicants that can demonstrate the capacity to work with farm-level financial data at scale, contribute to a consistent national benchmarking resource, and translate that infrastructure into practical improvements in producer financial literacy and decision-making. It is especially relevant for organizations that already manage farm business management programs, benchmarking networks, producer education efforts, or farm financial data systems, and can show how their work will strengthen a shared, publicly accessible national database that supports better farm management.Apply for USDA NIFA FBMB 009822
- The National Institute of Food and Agriculture in the agriculture 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.
- This funding opportunity was created on 2023-03-03.
- Applicants must submit their applications by 2023-04-10. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $500,000.00 in funding.
- Eligible applicants include: Others.
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Farm Business Management and Benchmarking (FBMB) Competitive Grants Program - FAQs
What is the Farm Business Management and Benchmarking (FBMB) Competitive Grants Program?
The Farm Business Management and Benchmarking (FBMB) Competitive Grants Program is a discretionary grant opportunity run by the USDA National Institute of Food and Agriculture (NIFA). It focuses on strengthening the business and financial management capabilities of agricultural producers by supporting efforts to maintain, improve, and expand a publicly available national farm financial management database.
What is the main purpose of this grant program?
The program supports work that strengthens a national, publicly accessible benchmarking and farm financial management database. The goal is to make financial performance and benchmarking information more available and useful, so producers and the advisors who support them can make better management decisions, compare performance across similar operations, and improve farm business outcomes.
Who administers the FBMB program?
The program is administered by the USDA National Institute of Food and Agriculture (NIFA).
Is this a discretionary grant?
Yes. The FBMB Competitive Grants Program is described as a discretionary grant opportunity.
What is the Assistance Listing (CFDA) number for this opportunity?
The funding activity category is Agriculture and the Assistance Listing (CFDA) number is 10.319.
What is the opportunity number for this posting?
The opportunity number is USDA NIFA FBMB 009822.
What was the application closing date for the posting described?
For the specific posting described here, the application closing date was April 10, 2023.
What is the maximum award amount (award ceiling) for this posting?
The maximum award amount (award ceiling) listed for this posting was $500,000.
How many awards were expected to be made?
The notice references expected awards, but the number of awards is not specified in the information provided.
Who is eligible to apply for the FBMB Competitive Grants Program?
Eligibility is broad and is defined under 7 U.S.C. 3157(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; and individuals.
Can partnerships or groups apply?
Yes. Applications may be submitted by groups or partnerships made up of two or more eligible entity types.
Do applicants have to meet specific requirements in the Request for Applications (RFA)?
Yes. Applicants must meet all requirements laid out in the Request for Applications (RFA) by the application deadline. If eligibility criteria are missed, the application can be excluded or NIFA may be unable to make an award.
What happens if an applicant does not meet eligibility requirements by the deadline?
Missing eligibility criteria can cause the application to be excluded or prevent NIFA from making an award, according to the information provided.
Can an award recipient subcontract with organizations that are not eligible to apply?
Yes. Award recipients are allowed to subcontract with organizations that are not themselves eligible to apply, as long as those partners are necessary to carry out the project.
What kinds of projects are a good fit for this program?
The program is best suited for applicants that can work with farm-level financial data at scale, help build and maintain a consistent national benchmarking resource, and translate that infrastructure into practical improvements in producer financial literacy and decision-making.
What type of database does the program support?
The program supports efforts to maintain, improve, and expand a national farm financial management database that is publicly available.
How does benchmarking relate to the goals of the FBMB program?
Benchmarking is central to the program because better and more accessible benchmarking and financial performance information helps producers and advisors compare performance across similar operations, make more informed decisions, and improve farm business outcomes.
What types of organizations are especially relevant for this opportunity?
Organizations that already manage farm business management programs, benchmarking networks, producer education efforts, or farm financial data systems are especially relevant, particularly if they can show how their work will strengthen a shared, publicly accessible national database that supports better farm management.
Does the program focus only on data collection, or also on producer education and decision-making?
Based on the description provided, the program supports database and benchmarking infrastructure and also emphasizes practical improvements in producer financial literacy and decision-making that come from stronger, more accessible benchmarking and financial performance information.
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