On April 10, 2014, the University of Maryland Extension held the graduation ceremony for Farming: Pencil to Plow for 9 aspiring farmers who completed the 8 week Agricultural Entrepreneurship training.
Each graduate of this beginning farmer program completed farm business training are now prepared to take the next step in their dream to own and operate a small farm business. New farm operation ideas from the class included mushroom farming, organic, hops, CSA, grains, livestock and vegetable production. The course is designed for aspiring small farmers and those producers interested in diversifying their operation. Topics covered during the course include discussions on Agricultural Market Research;, the 4 P’s (Product, Price, Placement, and Promotion); Bookkeeping and Record Keeping; Government Regulations, Contracts, and Leases; Income Statements, Balance Sheets, and Cash Flow Cycle; and Developing Customer Profiles. Each session was supplemented by presentations from agriculture experts such as a CPA, business bankers, insurance agents, marketing experts, and University of Maryland Extension.
Each graduate gave a summary of their business plan and were awarded a certificate of completion from NxLevel, a nationally recognized entrepreneurship training provider.
This program would not be possible without the support of our donors and we would like to thank the following organizations and business that provided financial support the program: Eastern Shore Entrepreneurship Center, Mid Atlantic Farm Credit, Farmers Bank of Willards, and Beginning Farmer Success.
Congratulations and good luck to all our graduates!