Home Raising Capital

Raising Capital

Raising capital is a necessity at each stage of growth for food, beverage and value-added agriculture businesses. Our resources help you learn how to raise capital, including packaging financing requests, identifying the right sources and uses of capital, and describing the business model of your food, beverage and value-added agriculture business in a succinct way so your request is funded.

What Makes A Good Food Business Consultant?

10 minute Free read by Edible-Alpha®

If you can determine that the consultants you are looking at can ask the right questions and challenge you, including about your business model and financial plan, you can form a meaningful partnership with that consultant.

Article about Business Models for businesses that are Pre-Venture | Startups

Forecast Templates

Paid forecast templates by Edible-Alpha®

These helpful templates help you build your financial projections, including, your sales and distribution forecast; cost of goods sold (COGS) and other expenses forecasts; capital expenditures forecasts; and your accounts receivable (AR), accounts payable (AP) and inventory forecasts. These projections can help inform your proforma financial statements.
Financial Technical Assistance

Why Financial Technical Assistance Is Key To Food Entrepreneurs’ Success

10 minute Free read by Edible-Alpha®

Access to high quality financial technical assistance is the biggest gap in accelerating the growth and success of more good food and beverage companies. Companies can transform, grow and thrive when they have access to this kind of assistance and when the founders surround themselves with the right people, including technical assistance providers.

Article about Raising Capital for businesses that are Pre-Venture | Startups

Fair Food Network

How The Fair Food Fund’s Patient Capital Yields Great Impact

50 minutes of Free audio by Edible-Alpha®

Seeded with a 2012 challenge grant of $3.75 million, the Fair Food Fund, the impact investing arm of Fair Food Network, has attracted a total of $6.4+ million in grants and program related investments from more than 20 funders. Since then, the Fund has provided more than $3.6 million in financing and business assistance to over 80 enterprises across 9 states.

Podcast about Raising Capital for businesses that are Growing and Scaling

Due Dilligence

Food Entrepreneurs: Investor Due Diligence is Good For You

10 minute Free read by Edible-Alpha®

Because food businesses tend to grow in a stairstep function rather than incrementally, most food businesses need to raise outside funding to be viable and profitable. Investor due diligence can help entrepreneurs to mature their businesses into viable enterprises because the process forces them to get clear and articulate about how they make money.

Article about Raising Capital for businesses that are Growing and Scaling

Tim Keane Golden Angels Investors

Tim Keane On Golden Angels Investors’ Funding Philosophy

50 minutes of Free audio by Edible-Alpha®

Golden Angels Investors advise entrepreneurs to focus on building their sales and getting as much customer feedback as they can before they risk too much with the business. This, as well as the identification of competitors, helps validate that the business has some traction in the marketplace in the eyes of investors.

Podcast about Raising Capital for businesses that are Growing and Scaling

Capital Changes Over Time

Your Food Business’ Capital Needs Change Over Time

10 minute Free read by Edible-Alpha®

Getting proper financing for growing food businesses is one of the most challenging obstacles food business owners face, due in large part to the high bar for fundraising and financial communication when growing a food business. And, there are often many sources of capital that need to be brought together to adequately fund the growth of these food businesses.

Article about Raising Capital for businesses that are Growing and Scaling

Demystifying Funding Terminology

Demystifying Funding Terminology

5 minute Free read by New Hope Network

Most entrepreneurs start out with friends and family funding (essentially people they know who will take a risk with them) or else they "bootstrap" their company, self-financing from the owner(s) and free cash flow. However, in food, this doesn't get you very far - food businesses need outside capital, usually from a variety of sources, to compete.

Books or Guide about Raising Capital for businesses that are Pre-Venture | Startups

Joel Solomon Renewal Funds

Joel Solomon On How Food Businesses Can Be Part Of The Clean Money Revolution

50 minutes of Free audio by Edible-Alpha®

There is a disconnect between perceptions of available money for food business and the sheer volume of individuals/funds looking to invest at various stages. And, natural food investors are starting to look at even earlier stage companies now that there is so much competition at the product, retail and investment levels of the food business ecosystem.

Podcast about Raising Capital for businesses that are Growing and Scaling

Gary Hirshberg Stonyfield Organic On Taste Radio

Growing Organically With Stonyfield Farm Co-Founder Gary Hirshberg (Taste Radio Podcast)

1 hour & 20 minutes of Free audio by Taste Radio Podcast

The founders of Stonyfield were running a nonprofit organic farming school on a small New Hampshire farm when they began what became Stoneyfield farms. After starting with seven cows, now Stoneyfield sells hundreds of millions of dollars per year in dairy and other products in supermarkets, natural food stores and colleges across the country.

Podcast about Raising Capital for businesses that are Growing and Scaling

ReGrained

ReGrained, A Business Model For The Long Term And The Planet

1 hour & 10 minutes of Free audio by Edible-Alpha®

ReGrained launched their product at scale in January 2018 after multiple iterations of their product (in the crowded bar category) and now are working with other businesses to help them produce/co-brand new products using their production facility and the expertise embedded in their proprietary process.

Podcast about Business Models for businesses that are Growing and Scaling

Median On Farm Household Income

Shifting Farm Business Models

10 minute Free read by Edible-Alpha®

Median on-farm household income has been negative for the past 20 years, with many farms keeping their cash flow positive by increasing their debt load. Finding new business models that allow farmers to be profitable while meeting changing consumer demand will require high-quality technical assistance and coordinated effort from multiple actors.

Article about Business Models for businesses that are Growing and Scaling

Ephrata National Bank

How A Bank Can Strengthen Farming Communities Through Innovative Lending

1 hour & 10 minutes of Free audio by Edible-Alpha®

Ephrata National Bank in Lancaster County, Pennsylvania is a $1 billion community bank with 25% of their portfolio funding agricultural entrepreneurs. Lending to support new business models or premium offerings (like value-added processing) can help farmers deal with high land prices and avoid commodity agriculture's low return on assets.

Podcast about Raising Capital for businesses that are Growing and Scaling

Food Companies Grow In Stairsteps

Food Companies Grow In Stair Steps, Not Incrementally

10 minute Free read by Edible-Alpha®

While established food companies can grow slowly and still be profitable, this is much harder, if not impossible, for emerging food companies. Food companies, because they deal in physical products often produced from a long and complex supply chain, grow in stair steps, not incrementally, in order to reach the right scale to be profitable.

Article about Raising Capital for businesses that are Pre-Venture | Startups

Apple Orchard - Brix Cider

How This Hard Cider Business Is Learning From “The Struggle”

1 hour & 10 minutes of Free audio by Edible-Alpha®

Brix Cider began producing in small batches and self-distributing throughout southern Wisconsin. Their ultimate goal is to open a cider tasting room (increasing margins and cash flow); however, through the struggle to find the right space, they have learned business problem solving skills and financial literacy.

Podcast about Raising Capital for businesses that are Growing and Scaling

Tribe 9 Foods

How Tribe 9 Foods Balances Economies Of Scale With A Changing Marketplace

55 minutes of Free audio by Edible-Alpha®

Tribe 9 Foods secured growth capital to bring manufacturing in-house for the three brands that merged into their portfolio, something that has allowed them to have control over batch timing, batch size and product quality. In addition, in-house production allows them the flexibility to try new things and have a co-packing line of business for their core product types.

Podcast about Business Models for businesses that are Growing and Scaling

Union Kitchen

How Union Kitchen’s Ecosystem Helps Build Profitable Food Businesses

50 minutes of Free audio by Edible-Alpha®

Union Kitchen is a shared-use kitchen and food business accelerator in in Washington D.C. While having a shared-use kitchen eliminates the need for capital for kitchen equipment, there are many other things food businesses need to raise capital for, which is why they have distribution and retail outlets as part of their model.

Podcast about Business Models for businesses that are Pre-Venture | Startups

Economic Gardening As Part Of An Ecosystem

Grants, Loans, Investments…Welcome To The Food Funding Ecosystem!

10 minute Free read by Edible-Alpha®

To come up with a realistic strategy for action and growth, food entrepreneurs should make efforts to understand this entrepreneurial ecosystem and whether grants, loans, investments or a combination of capital sources makes sense to fund their growth. Only then can food entrepreneurs plant the seeds for a profitable and sustainable food business.

Article about Raising Capital for businesses that are Pre-Venture | Startups

Misty Farmstead

Value-Added Producer Grants With Jim Gage

1 hour & 10 minutes of Free audio by Edible-Alpha®

While the VAPG grant can be complicated (for example, a 75 page application plus Business Plan and third-party Feasibility Study), it requires applicants to critically consider expansion of the customer base and the marketplace for products as well as demonstrate how they will have sufficient business structures, profit and cash flow to operate in the long-term.

Podcast about Raising Capital for businesses that are Pre-Venture | Startups

Know Brainer

Scaling Innovative Food Products At The Right Time

40 minutes of Free audio by Edible-Alpha®

The ideal market for Know Brainer's individual creamer products has been online with Amazon and their own online store while their multi-serve product is more of a conventional grocery item. They only started to scale their product after extensive customer research and testing.

Podcast about Business Models for businesses that are Growing and Scaling

Connect With The Resources You Need