Economic Impact Report

In 2024, DBIA worked with the University of Wisconsin-Madison Division of Extension to conduct an Economic Impact Survey assessing the effectiveness of DBIA funding in fostering business growth, supporting innovation within dairy businesses, the overall benefits of participation, and potential areas for program improvement. The survey targeted 212 DBIA-funded projects and achieved an 83% response rate, collecting data from 176 projects across 120 businesses.

Key Highlights

SALES & REVENUE GROWTH
83% of businesses increased sales and revenue
75% saw improved brand recognition

EMPLOYMENT GROWTH
51% of businesses created 1 to 5 full-time jobs
43% retained employees who might have otherwise been laid off

MODERNIZATION
Grants have helped farmers and processors:

  • Upgrade equipment
  • Modernize facilities
  • Increase efficiency

RESILIENCE
81% strengthened overall business resilience

Read More 

Download the full DBIA Economic Impact Survey Report.

Download the 5-page Data Brief.

Download the flyer.

Dairy Business Innovation Alliance