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Impact of agribusiness management online courses for socially disadvantaged farmers and ranchers in Puerto Rico

Joe Lucarne, Alexandra Gregory, Myrna Comas, Melvin Mercado, and Alondra Berríos

Summary

One of the goals of the project titled Outreach and Assistance for Socially Disadvantage Farmers and Ranchers Training, and Technical Assistance on Grant Readiness and Grantsmanship in Puerto Rico was to deliver nonformal education in Agribusiness management. The course focus on delivering accounting records, financial ratios, marketing, and developing a business and marketing plan. The target audience were socially disadvantage farmers and ranchers so they can have up-to-date accounting information, business, and marketing plans so they can write grants and apply for USDA funds and state funds. To achieve objectives, we proposed to offer 18 hours of training in the following topics: Business Plan, Agricultural Marketing, Marketing Plan, Income Statement, Cash Flow, Inventory, Balance Sheet, Financial Score Card, Introduction to Microsoft Excel and the Accounting and Financial System for Farms in Excel. Participant’s profile, pre-posttest, and success stories were performed and to analyze participants’ knowledge and evaluate project deliverables to evaluate if workshops and activities had a positive impact for their farms and agribusiness. Results showed that participants gain knowledge and many of them used their knowledge to write grants and apply for federal and state funding.

Details

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