Description
The Massachusetts Department of Agricultural Resources is seeking bids for Business Planning Services to develop written Business Plan narratives, 3-year Historical Financial Summaries, 3-year Financial Projections, and Balance Sheets or Net Worth Statements for 22 farms. The selected bidder will provide technical assistance to these farms, which are participants in the Agricultural Preservation Restriction (APR) Program, the Matching Enterprise Grants for Agriculture (MEGA) Program, or the Farm Viability Enhancement Program (FVEP). The bidder will work with each farm to develop a comprehensive business plan, including a description of the farm business, current operations and management, and existing market, as well as goals and objectives for the farm for the next 3 years. The bidder will also provide financial projections, a balance sheet, and other required documents.
• The farms are located in various counties in Massachusetts, including Bristol, Worcester, Hampshire, Essex, and Dukes.
• The farms produce a variety of products, including hay, dairy, fruits, vegetables, and flowers.
• The grant awards for each farm will be determined by the Department upon completion of Phase I business planning and technical assistance and approval of the farm business plan.
• The bidder will be expected to provide experience preparing business plans for the specific type of farm operation and working with farms in the relevant county.
• The bidder will be expected to provide a fee quote for completion of the business plan and financial documents.