UNH Cooperative Extension Launches Natural Resource Business Institute13-week course will help natural resource entrepreneurs plan for successPerhaps you’ve thought of putting your open fields to better use by raising beef cattle for the local market. Or, for some extra summer income, adding Pick-Your Own raspberries to your Christmas tree operation. Maybe you’ve wondered about the feasibility of producing shitake mushrooms on your woodlot, boarding horses or starting a campground. Should you diversify a multi-generation dairy operation to increase income opportunities that will encourage your children to keep farming after you retire?
People who earn all or part of their living from agricultural, horticultural, or forest-based enterprises have unique needs for information and support. To meet those needs, an interdisciplinary team of UNH Cooperative Extension staff has teamed with outside experts to offer a 13-week Natural Resource Business Institute (NRBI) this Fall at UNH Thompson School of Applied Sciences in Durham.
This first-of-its-kind course will provide individuals and families who want to start or expand a natural resource-based business with the essential information and preparation they need to be successful.
“New Hampshire has been the fastest growing state in New England for the last four decades,” says Extension agricultural business management specialist Mike Sciabarrasi. “One major consequence of this growth is that the state is losing approximately 20,000 acres of open space to development every year. These agricultural and forest lands being lost to other land uses provide essential ecological services such as clean water and air, groundwater recharge, and wildlife habitat. They provide the scenic backdrop that draws people here to live and visit.”
“Sustainable profitable farms and forestry enterprises” working landscapes” are essential for preserving these natural resources for future generations,” says Sciabarrasi. “We believe outreach education is the best way to strengthen the economic viability of the state’s natural resource businesses.”
NRBI participants will develop an operating plan for a farming or forestry business as they learn about biological systems, soils, and natural resource inventories, product and service marketing, enterprise profitability and legal matters particular to natural resource businesses. They’ll explore the human dynamics of running a family business (e.g., defining roles and responsibilities, handling conflict, managing time, and hiring outside labor). NRBI participants will also learn how government agencies and financial institutions work with farm and forestry ventures, and they’ll leave well-connected to a wide variety of advisors and technical experts. They’ll receive valuable feedback from a peer support network of other natural-resources entrepreneurs.
“From decades of advising people who make their living from the land, Cooperative Extension educators understand the importance of helping natural resources entrepreneurs evaluate their business ideas carefully and learn to identify both opportunities and potential pitfalls,” says Sciabarrasi. “Participants will end up with a realistic operating plan, saving themselves money, time and anguish by discovering fatal flaws in their original ideas.”
Target audiences include individuals and families starting or planning a natural-resource business, current land-based business owners considering changes or expansions to their operations, families looking for ways to pass viable operations on to the next generation, high school and college students exploring career options, and landowners looking to earn retirement income from their land.
The course meets all USDA Farm Service Agency borrower certification requirements. Participants can also earn 4 continuing education credits through the UNH Professional Development and Training program.
Natural Resources Business Institute
Dates and times: Wednesday evenings, September 10 through December 10, from 6:00 p.m. to 9:00 p.m.
Location: UNH Thompson School, Durham, NH
For more information or to register call UNH Cooperative Extension Nada Haddad at 603-679-5616 or Geoffrey Njue 603-749-4445.
The web address for online registration is:
https://www.events.unh.edu/register.shtml?event_id=4780
Also visit our website at www.extension.unh.edu