Feasibility Studies

The MSU Product Center can conduct a feasibility study for Michigan-based businesses in the agriculture, bioenergy, natural resources or food/beverage industry. These studies follow U.S. Department of Agriculture (USDA) guidelines for feasibility studies and can be used to meet the requirements of some USDA grants.

Feasibility studies assess the resource feasibility, technical feasibility, the market feasibility, financial feasibility, and management feasibility of a firm or project. To complete a study, your business must be registered as a client with the MSU Product Center. Clients must also provide a completed business plan and solid financial projections, including income statements, balance sheets, and cash flow statements for 3 to 5 years. 

Feasibility studies area fee for service. 

Interested in pursuing a feasibility study? Contact:

Bill Knudson, Ph.D.

knudsonw@msu.edu

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