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Farm Business Development Initiative

Farm Business Development Initiative
 The Farm Business Development Initiative (FBDI) is an initiative that is delivered by the Ministry of Agriculture as part of Growing Forward 2. FBDI helps farmers obtain information, training and consulting services that will enhance their ability to make sound business decisions. There are two components to the FBDI: Information and Training & Consulting.

The information portion covers farm business management practices and the Ministry of Agriculture also holds workshops and seminars relating to farm business management. The training & consulting portion allows farmers to apply for financial support for training and consulting services that fall within any of the 8 progressive farm business management practices.

 The 8 business management areas are as follows:
  • Business strategy
  • Marketing
  • Production Economics
  • Human Resources
  • Financial Management
  • Succession Planning
  • Business Structure
  • Environmental Strategy
 Eligible farmers may be reimbursed 75 per cent of eligible training costs up to $10,000 to offset the costs of training and reimbursed 50 per cent of eligible consulting costs up to $5,000.
 Please visit http://www.agriculture.gov.sk.ca/GF2-FBDI for more information regarding the FBDI.