Financing Technology Investments

Federal programs, grants, and vendor financing options

Funding Type Typical Coverage Best For Key Requirement
NRCS EQIP 75-90% cost-share Virtual fencing, water infrastructure Prescribed grazing plan required
FSA Operating Loans Up to $400,000 Equipment purchases, operating costs Credit eligibility
PERC Conservation Fund $10,000-$75,000 grants Conservation-focused VF projects Wildlife/habitat benefit
WWF RSVP Program Up to 50% (max $60K) Northern Great Plains ranchers RSVP enrollment
Carbon Credit Programs 100% upfront costs Willing to share carbon credits Multi-year commitment

1. Federal Programs: USDA-NRCS

NEW

EQIP for Virtual Fencing (October 2024)

The NRCS updated its national fence practice standard (Code 382) in October 2024 to include virtual fencing technology. This is a major development that makes VF eligible for EQIP cost-share nationwide.

How It Works

  • • VF cost-shared under Fence (382) + Prescribed Grazing (528)
  • • Available for cross-fencing only (not perimeter)
  • • Covers collar purchases and subscriptions for up to 5 years

Cost-Share Rates

  • • Standard producers: 75%
  • • Beginning farmers (first 10 years): up to 90%
  • • Socially disadvantaged producers: up to 90%
  • • Limited resource producers: up to 90%

Confirmed State Availability (2026)

Montana

Virtual Fencing TIP for Eastern Montana counties

Nevada

New practice for FY 2025

North Dakota

Cross fencing scenarios allowed

Iowa

For grazing crop residues, cover crops, stockpiled forages

FSA Farm Loans

Operating Loans

Up to $400K

Up to 7 years for equipment

Rate: 4.625% (July 2025)

Farm Ownership

Up to $600K

Up to 40 years for land

Microloans

Up to $50K

Simplified application

Designed for small/beginning farmers

2. Conservation Organization Grants

PERC Virtual Fence Conservation Fund

America's first dedicated virtual fencing grant program

2025 Round: $400,000+ awarded, 160+ applications, 8 ranches funded

Grant Range: $10,000 - $75,000

Eligible: Ranchers, conservation orgs, Indigenous communities

Eligible Uses:

  • • Conserve wildlife migration corridors
  • • Protect ecologically sensitive habitats
  • • Manage predator risk
  • • Restore riparian corridors

WWF Sustainable Ranching Initiative (RSVP)

Northern Great Plains (MT, Dakotas, WY, NE)

Program Scope: 112 ranches, 1.3 million acres

Max Cost-Share: 50% of project cost (max $60,000/ranch)

VF Pilots: 5 in Montana, 1 in South Dakota

What's Included:

  • • Technical specialists for grazing management
  • • Continuing education
  • • Cost-share for infrastructure including VF

3. Carbon Credit Programs That Fund Technology

Kateri Carbon (Now Part of Cultivo)

Kateri fronts ALL upfront costs for GPS tracking collars and infrastructure—ranchers pay nothing out of pocket.

How It Works:

  1. Kateri installs virtual fencing collars on your cattle
  2. Improved grazing management builds soil carbon
  3. Kateri measures and verifies carbon sequestration
  4. Carbon credits sold to buyers (e.g., Shell)
  5. Ranchers receive revenue share as additional income

"The whole idea that you could get a company to pay for everything up front was completely foreign to me. It almost sounded too good to be true." — Ben Anson, Pitchfork Ranch, Wyoming

Grassroots Carbon

70/30 revenue share model

  • • Annual pre-payment based on estimates
  • • Free soil measurement and verification
  • • PastureMap software included
  • • No out-of-pocket costs to get started

Native HelpBuild

Infrastructure funding program

  • • Funds physical and virtual fencing
  • • Water infrastructure included
  • • 40-year contract commitment required
  • • Consider carefully before signing

4. Vendor Financing Programs

Halter

Bank partnerships with preferential rates

  • • ANZ Business Green Loan
  • • ASB Business Sustainability Loan
  • • BNZ Green Loan
  • • Westpac Special Offer

US: Partnership with BLM for ranchers on public lands

Vence

Only VF provider with leasing option

  • • Lower upfront capital requirement
  • • Test technology before committing
  • • Easier to scale up or down

Nofence

Consumer financing available

  • • Affirm, Klarna, Sunbit for smaller purchases
  • • Multi-year financing for orders >$10K
  • • Contact: (833) 863-9224

5. Cooperative Ownership Models

Why Share Infrastructure?

Virtual fencing base stations cost $4,500-$12,000 each and can cover 10-12 mile diameter areas. Neighboring ranchers can share infrastructure to reduce per-operation costs by up to 80%.

Scenario Individual Cost Cooperative (5 ranchers) Savings
1 Vence base station $10,000 $2,000/ranch 80%
2 Halter towers $9,000 $1,800/ranch 80%
Connectivity infrastructure $2,000-5,000 $400-1,000/ranch 80%

How to Start a Base Station Cooperative

  1. Identify neighbors using or interested in virtual fencing
  2. Assess coverage needs — map your combined properties
  3. Choose legal structure — consult agricultural attorney (LLC recommended)
  4. Draft agreement covering cost allocation, maintenance, exit provisions
  5. Check vendor policies — confirm shared infrastructure is permitted
  6. Apply for funding together — some grants favor multi-ranch projects

Financing Decision Matrix

Find your best funding options based on your situation:

Your Situation Best Options Second-Best
Small operation (<100 head), limited capital FSA Microloans, EQIP cost-share, Vence leasing Carbon credit programs, Nofence pay-later
Beginning farmer (first 10 years) EQIP (90% cost-share), FSA beginning farmer programs Steward loans
Conservation-focused operation PERC grants, WWF RSVP, TNC pilots EQIP with prescribed grazing
Northern Great Plains location WWF RSVP ($60K max), PERC Fund Montana NRCS TIP, carbon credit programs
Willing to commit to carbon credits Kateri (100% covered), Grassroots Carbon, Native Use payments to fund tech purchases
Multiple neighboring ranchers Cooperative base station sharing Joint PERC/EQIP applications

Application Priority Checklist

For maximum funding coverage, apply in this order:

1

EQIP first

75-90% cost-share, longest processing time

2

PERC/WWF grants

If conservation-focused, apply while waiting for EQIP

3

Carbon credit program enrollment

If interested in revenue share model

4

Vendor financing

For remainder not covered by grants

5

FSA loans

For operating capital and equipment beyond VF

Pro Tip: Programs can often be stacked. EQIP may cover 75% of collar costs, while PERC covers base station, and carbon credit pre-payments cover your remaining contribution.