MILROY, Minn. – Nick Mueller has launched Evolution Ag Technology LLC — a small business focused on quick, effective solutions for farmers — with help from Southwest Initiative Foundation’s (SWIF) Microenterprise Loan Program. Mueller sells, installs and services Ag Leader precision ag products such as auto-steer, planter control and yield monitors.
Mueller grew up on a small farm in South Dakota and received his bachelor’s degree in agriculture systems from South Dakota State University, with a minor in agriculture business. He has been a precision ag specialist for the past 6 years.
“There’s a critical need to keep equipment moving for the farmer. Precision ag products decrease fatigue for the farmer, increase productivity and offer more options for operators. This is the future for agriculture and farming,” Mueller said.
All types of crop producers use precision ag technology, but strip till production is a niche of the market that Mueller will cater to. He plans to partner with Sterling Equipment & Repair, Inc. in Cottonwood to reach customers.
Loan proceeds from SWIF provided working capital for Evolution Ag Technology, which Mueller is operating out of his home near Milroy.
“Agriculture is the cornerstone of our region’s economy, and we’re delighted to help Nick start his business in this sector,” said SWIF Economic Development Officer Jackie Turner.
Loan programs have been a key function of SWIF since its inception to support communities and businesses throughout southwest Minnesota. In 2001, microlending was added to existing programs as a tool to support small businesses and people looking for self-employment opportunities.
Microloan clients also receive free technical assistance from SWIF staff to improve their business management skills. Areas of support include business planning and financials analysis, QuickBooks training, marketing assistance and other training opportunities for the life of the loan.Learn about our loan programs
This microloan program receives funding assistance from the U.S. Small Business Administration and U.S. Department of Agriculture. For more information, contact SWIF at 800-594-9480, 320-587-4848 or [email protected].
About Southwest Initiative Foundation
Southwest Initiative Foundation (SWIF) is a nonprofit community foundation connecting people, investing in ideas and building communities to create a southwest Minnesota where all people thrive. Since its founding in 1986, SWIF has distributed more than $97.8 million through its grantmaking and business finance programs.