Pre-heat oven to 180°C (350°F).
Combine flour, bran, wheat germ, brown sugar, baking powder, cinnamon in a mixing bowl. Stir in carrots and raisins. In another bowl combine egg, milk, oil, molasses and vanilla. Beat well.
Make a well in the dry ingredients. Pour in milk mixture and mix just until dry ingredients are moistened. The batter will be rough and lumpy.
Using a tablespoon, drop batter onto non-stick or lightly greased cookie sheets about 5 cm apart. Bake at 180°C (350°F) for 18 minutes or until browned. Remove cookies to a cooling rack and allow to cool before storing.