Enhancing the Program
This year, the Alberta Milk Board of Directors sought direction on how to improve the sustainability of the program. All accepted new entrants will now be allowed to use the NEAP loaned quota as equity/security with financial institutions.
“The New Entrant Assistance Program is a way our industry is trying to support those coming into the dairy industry in Alberta,” says Stuart Boeve, chair of the Alberta Milk Board of Directors. “We continually review the program to make improvements to ensure we can continue to meet the needs of new dairy farms. We’re proud that 22 new farms have entered the industry through this program.”
About the Program
The process to qualify for the program consists of submitting an application that includes a two-year financial business plan, a 10-year implementation plan, a risk mitigation plan, and a signed conditional letter of approval from the applicant’s financial institution agreeing to finance their operation. Further details about the program can be found at albertamilk.com or by calling 1-877-361-1231. Joining this program is not a pre-requisite to becoming a dairy farmer in Alberta.
Organic Entrants Assistance Program
Alberta Milk is also continuing to accept applications for our Organic Entrants Assistance Program (OEAP). Similar to the NEAP, the program is designed to encourage growth in organic dairy production in Alberta but has different guidelines. You can review the OEAP requirements at albertamilk.com.
