University of Vermont

Cultivating Healthy Communities

Vermont Agriculture Individual Development Account Program

Now Accepting Applications!

student group

Are you a young person, ages 14 to 21, who is ready to prepare for a future in agriculture? We're looking for you! Read our program brochure to learn more.

The Center for Sustainable Agriculture's Youth Agriculture Individual Development Account program is accepting applications for the next round of participants. We seek youth who are involved or interested in agriculture for a one-year program that will both help them save money towards the purchase of a business-related asset and acquire important business management skills. The application deadline is May 15, 2015.

Young farmers exit the program possessing both seed capital and financial literacy skills - key components in establishing an independent enterprise or assuming more of a management role in the family farm operation.

Upon successful completion of the program, participants' savings will be matched at a rate of 2:1 (up to a total of $1,000 in match funding!), giving young farmers two program dollars for every dollar they save toward the purchase of a productive farm asset. For example:

  • The young farmer saves $500.
  • The program matches the young farmer's savings with $1,000.
  • This means a young farmer participant would potentially have $1,500 to use for an asset purchase.

The program provides structured financial literacy training, business management coaching and mentoring from qualified farm business management specialists and established farmers. Participants will develop basic skills necessary to leverage their equity, manage capital productively, and become a successful entrepreneur.

Even more importantly, participants leave the program prepared with their own business plan and the skills to help them put that plan into successful action as they join the vibrant agriculture and food systems community that makes Vermont such a great place to live, grow and appreciate the local bounty.

Contact Us

Liz Kenton
802-257-7967 x308
Liz.Kenton@uvm.edu
UVM Center for Sustainable Agriculture
23 Mansfield Avenue
Burlington, VT 05401-3323

Last modified February 23 2015 01:28 PM