Other
Savings Incentive Program (SIP)
Practical Farmers of Iowa
What you can get
Up to $4,000 dollar-for-dollar savings match • Two-year matched-savings program. Participants save up to $4,000 in a dedicated farm savings account over two years; on completion PFI matches those savings dollar for dollar up to $4,000, to be spent on purchasing a farm asset. The program also pairs each participant with a farmer mentor and includes business planning support.
- Readiness
- Ready to apply
- Who can apply
- producer, Beginning farmers or farm operators with fewer than seven years of farming experience who live in Iowa or farm in Iowa or an adjoining state, and who hold active Practical Farmers of Iowa membership.
- Coverage
- IA, MN, WI, IL, MO, NE, SD
- Deadline & timing
- Due October 23, 2026. Applications are open now for the Savings Incentive Program class of 2028 and are accepted August 10 - October 23, 2026. Apply using the SIP class of 2028 application at the top of the Practical Farmers of Iowa program page; contact Amber Mohr at PFI with questions.
Optional expert service · $249
Turn program research into an application package.
An eligibility screen for one farm, a shortlist of up to three relevant programs, and draft practice justifications and a document checklist for one selected application. Delivered within 7 business days after intake.
Last verified Oct 3, 2026. Always confirm current terms and deadlines on the official site before applying.
Plan your next step
Run a quick soil assessment or ask an agronomist how this program fits your fields.