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| Badgerland program helps young producers |
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| Written by Times-Journal |
| Thursday, 26 August 2010 11:30 |
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More than $145,000 has been awarded CHILTON --Badgerland Financial is pleased to report its new "Beginning with Badgerland" program is making a meaningful difference in the lives of many young and beginning agricultural entrepreneurs with more than $145,000 in grants awarded to program participants since its inception."We are committed to helping Wisconsin's agricultural community by investing resources and taking some additional risk in helping young and beginning producers start up and grow their operations," says Bryan Stanek, program champion and team leader with Badgerland Financial. "It's important that we do our part to keep agriculture strong for years to come." Launched in December 2008, the "Beginning with Badgerland" program is designed to help young and beginning producers acquire the financial resources needed to start their own agriculturally-related enterprise, expand one they already have, or increase their ownership position in an existing agricultural operation. Plus, there are many other benefits to participating in the program, including eligibility for a Badgerland Financial grant to be used for expenses associated with business-related fees, professional services, training and education. "What's truly unique about 'Beginning with Badgerland' is it goes beyond just providing financing," says Kevin Doherty, program champion and team leader with Badgerland Financial. "With the grant funds, we want them to take advantage of opportunities that they might not otherwise have, helping them achieve long-term success." "Beginning with Badgerland" program participants also receive a semi-annual financial check-up, management skills assessment, customized training program and the opportunity to attend an annual educational and networking conference to share their stories, ideas and experiences. All is meant to help them achieve the level of financial success they need to qualify for credit under conventional standards and graduate from the program. In addition to the "Beginning with Badgerland" program, Badgerland Financial supported young and beginning producers by providing more than 3,900 loans totaling more than $336 million, in 2009. Those interested in participating in the "Beginning with Badgerland" program must meet three general qualifications to qualify. He/she must be 35 years of age or younger, have less than 10 years of farm income and be headquartered in Badgerland Financial's 33-county service area. For more information, visit www.badgerlandfinancial.com or contact one of Badgerland Financial's 21 local branch offices (23 E. Chestnut St.,Chilton, 920-849-9369).
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