> Jun 19 2014: Community-Based Food Business Financing

In Austin, Texas a group of folks hungry for local food have cracked the code to access capital – looking to the community. Using a cooperative model they are continuing to innovate. Starting with the knowledge gained from such ventures as a co-op grocer, their success led them to experiment with opening a co-op brew pub. This venture has been another striking success, and are now working to open a cooperative food hub.

This webinar starts with the basics of what a co-op is, how it works, and then discusses accessing community-based capital through what is called a Member Investor Share Offering (MISO, also known as a Direct Public Offering or DPO). By leveraging the dollars from the community, they have been able to finance the start-up and beginning operations of innovative co-ops. Hear what the organizers of these businesses believe to be the secrets to their success, and some suggestions on how you might consider financing your planned operation in this way.

Watch the archive.