AgBiz Courses

Educational Opportunities

Cape Fear Farm Credit offers educational opportunities to individuals before or during their business venture. The AgBiz courses consists of AgBiz Planner and AgBiz Basics. Within each program, the participant partners with a loan officer mentor throughout the course.

The AgBiz Courses includes an eLearning Curriculum with multiple online modules consisting of interactive exercises, an objective test and application exercises.  The training modules will be available on-demand anytime through any high speed internet connection – either at a farmer’s home, place of business or from a local Farm Credit office.  Association employees will act as mentors, guiding farmers through the training and providing feedback on completed application exercises.  A face-to-face leadership institute will be held upon completion for all graduates to allow them to network and apply what they learned in a group setting.

2018AgBizPlannerandBasic_Graduation_Cape%20Fear.jpg
2017-2018, Cape Fear Farm Credit Graduates Andrew Burgess mentored by Stuart Betts; Brien Lewis, mentored by Kevin Kinlaw; Cassey Diesley mentored by Dennis Honrine; and Myles Crawford mentored by Brian Johnson

Ag Biz Program Goals

  • Assist young, beginning, and small farmers (YBS) and veterans in becoming more successful business people through knowledge of the marketplace, financial, and business management topics
  • Develop a relationship with a loan officer mentor who will guide and direct throughout the course
  • Provide a value-added service to customers by helping them understand the lending process 
  • Take advantage of the convenience of technology by providing an online training curriculum, to improve their individual skills and help them become more responsible financial managers
  • Host a face-to-face meeting allowing course graduates to network, have healthy discussions with their classmates, and create lasting connections to equip these individuals to operate successful farm operations

Ag Biz participants must reside in North Carolina and meet one of the following qualifications:  

  • Young Farmers – farmers, ranchers, and producers or harvesters of aquatic products who are age 35 or younger
  • Beginning Farmers – farmers, ranchers, and producers or harvesters of aquatic products who have 10 years or less farming or ranching experience
  • Small Farmers – farmers, ranchers, and producers or harvesters of aquatic products who normally generate less than $250,000 in annual gross sales of agricultural or aquatic products
  • Veterans – A former member of the Armed Forces of the United States

AG BIZ PROGRAMS – TWO OPPORTUNITIES

  • Ag Biz Basic: Designed for YBS and Veteran individuals looking to begin, or are currently in the very beginning stages of, an agricultural operation
  • Ag Biz Planner: Designed for YBS and Veteran individuals currently involved in an agricultural operation. Participants will either be the primary decision maker or have major influence in decisions involving their farming operation.

AG BIZ PROGRAMS - COURSE PROGRAM

  • A kickoff webinar with Dr. David Kohl will be held on October 1, 2018 from 5:00-6:00 pm. Cape Fear Farm Credit will provide a meeting space and dinner for this event at their main office, located at 333 East Russell Street, Fayetteville NC 28301.
  • Participants will complete all online modules with the help of Cape Fear Farm Credit mentors.
  • The class will conclude with an overnight Leadership Institute in Raleigh, NC on January 9-10, 2019. Cape Fear Farm Credit will cover all Leadership Institute costs including one hotel room for one night, all meals, and speaker fees.  Each participant will be responsible to provide their own transportation to the meetings.

AG BIZ PLANNER - COURSE CONTENT

The Ag Biz Planner course holds a time commitment of approximately 6 months and includes ten online modules including:

  • Megatrends Facing the Industry
  • Strategic Business Planning
  • Preparing for Your Lender
  • Constructing Financial Statements: The Balance Sheet
  • Constructing Financial Statements: The Income Statement and Cash Flow Statement
  • How Lending Decisions Are Made
  • Farm Business Management Factors
  • Growth and Transition Management
  • Personal Financial Management
  • Communications, Ethics, and Professionalism

AG BIZ PLANNER - COST 

  • Each participant will pay a $250 fee at the start of the program.
  • Cape Fear Farm Credit will cover all other participant costs including tuition, final meeting, and speaker fees.
  • Once participants have completed the online portion of the course and submitted their final business plans, Cape Fear Farm Credit will reimburse participants $150. Final investment is $100 per participant.

AG BIZ BASIC - COURSE CONTENT

The Ag Biz Basic course holds a time commitment of approximately 3 months and includes four online modules including:

  • Side by Side with your Lender 
  • Do you Cash Flow? Cash Flow Planning 
  • What are you worth financially? Balance Sheet
  • Did you make a Profit? Income Statement

AG BIZ BASIC - COST

  • Each participant will pay a $100 fee at the start of the program.
  • Cape Fear Farm Credit will cover all other participant costs including tuition, final meeting, and speaker fees.
  • Once participants have completed the online portion of the course, Cape Fear Farm Credit will reimburse participants $50. Final investment is $50 per participant.

The 2018-2019 AgBiz Application period has closed.


For More Information: call Janna Bass at 800-368-5819 ext. 2414 or email jbass@capefearfc.com