Food Foundations: A training series of food business essentials.
Mondays in February, March & April 2019 | 4-7pm @ Downtown Market
Apply by February 4, 2019
Who Should Attend:
We are inviting mission-driven enterprises working to increase healthy food access who fit these criteria:
- Growing Businesses – Businesses that are at least 2 years old, generating annual revenue of $50K+, and on a path toward financing in the next 12-24 months. This seminar is not for incubating or startup businesses.
- Healthy Food Access: Businesses that focus on “good for you” food featuring fruits and vegetables (ideally locally sourced), whole grains, lean proteins, and/or other whole, minimally-processed/natural ingredients
- Accessible to All – Businesses that ensure their products and services are available and affordable to residents of all income levels.
- Entrepreneurs of Color & Female Entrepreneurs – Businesses owned by entrepreneurs of color, women, and/or businesses that primarily hire from communities we serve.
- Job Creators – Businesses with the potential to create quality jobs in their community.
Nine Part Series Includes:
Cost Accounting Best Practices
- February 11: Know Your Numbers: Ascertain Cost, Break-Even Analysis, and Identifying Profit Margin
- February 18: Fixation of Selling Price and Market Research
- February 25: Record Keeping and Cost Control: Proper Recording & Successful Presentation of Cost Data, Effective Cost Control, Cost Reduction & Measuring Efficiencies
From Cottage to Commercial
- March 11: Food Safety Certifications & Requirements: Finding the Certification that’s Right for You
- March 18: Commercial Kitchens: Preparing for the Cost of a Commercial Kitchen & Intro to Streamlining Processes
- March 25: Packaging & Labeling Requirements
- April 8: Consumer Testing/Testing the Market: Find out if You’re on Track
- April 15: Building Your Brand & Successful Use of Foodie Buzzwords (Organic, whole, all natural, local, made in Michigan, etc)
- April 22: Social Media Marketing: How to get in Front of Your Target Market
Who is Michigan Good Food Fund?
Michigan Good Food Fund is a $30 million public-private partnership loan fund that provides financing to good food enterprises working to increase access to affordable, healthy food in low-income and underserved communities in Michigan. This includes the range of businesses that grow, process, distribute, and sell healthy food that reaches those who need it most. We provide flexible, patient capital to good food enterprises often overlooked by traditional banks. Lending is bolstered by business assistance to help entrepreneurs grow their ventures and prepare for financing. More
Interested? Apply Now:
All applications will be reviewed by GROW and Michigan Good Food Fund. Applicants will be notified about whether or not they have been accepted by February 6th.