Seed funding for Local Food Enterprise

Seed Funding For Local Food

How do you get the seed money to get your local food enterprise started?

 

This is a challenge that a lot of entrepreneurs, grassroots solutionists and small farms struggle with. It’s tough to get the money needed to cover packaging, marketing materials, branding and packing space, to get up and running.

 

Whilst we’ve closed applications for The Local Food Startup Challenge this week, we’re still aiming to add some rocket fuel to the challenge entrants, and after the good people of StartSomeGood got in touch, we decided to do a webinar together to educate startup challengers about Crowdfunding.

 

Getting the seed funding to get the wheels moving is important, but there’s much better ways than getting bank loans, and with Crowdfunding growing around the world as a key way of seeding new and exciting projects from the grassroots, it’s time to take a look deeper at what the benefits are.

 

You can see the slides Tom Dawkins from StartSomeGood used for the webinar here:

Tom and I caught up after the webinar, and pulled out the Top 5 takeaways from the webinar:
  1. Use crowdfunding to connect with your first customers – offer them fair value on your rewards (such as 2 weeks of produce boxes), don’t see it as a donation.
  2. Share your story – connect with peers & wider community who care about the things you do and invite them to be a part of your journey.
  3. Don’t let making a video slow you down or intimidate you. It can be really simple, so long as it’s authentic and meaningful.
  4. Line up your first funders – do this before you launch so you launch with momentum.
  5. Graft & Reward – crowdfunding takes work, and can really benefit and propel those who put the effort in, especially when it’s backed by a great story and cool, unique rewards.

 

↪ Tweet these Tips ↩

 

We also prepared a round up of some of the nuggets from during and after the webinar which you can see here:

 

[View the story “Crowdfunding for Local Food – the StartSomeGood + Bucky Box webinar” on Storify]

Crowdfunding for Local Food – the StartSomeGood + Bucky Box webinar

A webinar by StartSomeGood and Bucky Box to bring some knowledge and inspiration to Local Food startups around the world, to help get the seed funding to get started.

Storified by Bucky Box· Fri, May 10 2013 20:36:54

How do you get the seed money to get your local food enterprise started? 

Software Startup And Global Crowdfunding Platform Join Forces To Kickstart The Local Food MovementLocal Food Delivery is traditionally an underfunded business, but a software startup and a global crowdfunding platform are breaking the …
StartSomeGood and Bucky Box Join Forces to Kickstart the Local Food MovementWho doesn’t love local food? Well, here’s some exciting news for local food enterprises and people from all over the world who truly appr…
“crowdfunding is a powerful tool to launch local food startups, allowing you to raise capital and increase awareness of your enterprise in an exciting, community-based way.”
Webinar: Crowdfunding for The Local Food Startup Challenge | The Bucky Box BlogPropel Your Local Food Startup with Crowdfunding Sometimes it seems like crowdfunding is just for new digital devices, iPhone covers and …
After a good buzz online, it was time to get to the pointy end of things!
REGISTRATIONS CLOSING SOONOur $500k Global Fund for Local Food Distributors is closing on 6 May buff.ly/10T35WvBucky Box
Want to launch a local food enterprises? FREE crowdfunding webinar on Monday 6 May at 7pm AEST… fb.me/1Fi1ZvHB4Urban Ecology
Webinar: Crowdfunding for The Local Food Startup Challenge @BuckyBox May 6 7-8pm Australia EST, 10am London localfood.buckybox.com/2013/04/crowdf…Anake Goodall
I’m about to host a webinar specifically for food-based social enterprises with @buckybox, join in: bit.ly/11FHg82 #socentTom Dawkins
Find out how to finance your #localfood startup using crowdfunding! Join our FREE webinar on NOW! #locavore ow.ly/kJO6l #socentStartSomeGood
Amped for the first of our #startupchallenge webinar on Crowdfunding for Local Food Enterprise with @StartSomeGood localfood.buckybox.comSam Rye
We know that local food systems are better for the economy, the environment and our communities. Here’s a little research into that to remind you why you do what you do!
RT @eatinglocally: Research report shows how sustainable food systems strengthen the health of local communities ow.ly/kFFxdBe A Localist
With people from all over the world on the line between the two webinars, we delved into what makes a great crowdfunding campaign for local food enterprises.
And we’re off! @tomjd is up & running – started #crowdfunding platform @StartSomeGood with @abudak whilst working with @Ashoka #socentBucky Box
"We don’t have a shortage of ideas, we have a shortage of people who are resourced to make them happen" – @StartSomeGood #localfood #socentBucky Box
Our #crowdfunding webinar with @BuckyBox has kicked off! Join in NOW to find out how to finance your #food venture ow.ly/kJPn2StartSomeGood
Crowdfunding = Peerfunding. It’s not about a faceless crowd waiting to shower you with money, it’s about your Peers (friends, family, people who believe in you), your Tribes (people who believe in your idea & what you want to create), and finally Crowds (the mainstream who connect with your project).
Who should you turn to when ur looking for seedfunding for your local food enterprise? @StartSomeGood shares insights pic.twitter.com/tR9JaDSPxDBucky Box
"After gaining the support of your peers, it’s time to turn to your Tribe." -> we’re lucky to have a big #foodies tribe – reach out to them!Bucky Box
Connections & Networks are going to be what drives your Local Food #crowdfunding campaign. You ready? #startupchallengeBucky Box
It’s key to start building your networks of people who want to see your project happen – get them onboard with pledging (even if it’s just a little) in the first days…
"Build a pipeline of people who will pledge in the first days of your local food crowdfunding campaign – momentum is everything!" @tomjdBucky Box
Crowdfunding is different to traditional fundraising.  You don’t just get a badge or a ribbon for giving to a cause. There’s a number of reasons why people give to Crowdfunding campaigns, so think hard about what your Rewards will be – start thinking about offering Value to people who pledge, such as your produce once you’re up & running!
Motivations people give to local food crowdfunding campaigns: "Shopping – a good or service they want to bring to life" – @StartSomeGoodBucky Box
Motivations people give to local food crowdfunding campaigns: "Philanthropy – a future we want to see" – @StartSomeGoodBucky Box
Motivations people give to local food crowdfunding campaigns: "Support – supporting a friend or member of their community" – @StartSomeGoodBucky Box
Over 70% of #crowdfunding campaigns are funded by single donors, the importance of Peers is crucial to local food seed $$ @StartSomeGoodBucky Box
Why we suggest to our International #startupchallenge entrants to use @StartSomeGood to crowdfund in the early stages pic.twitter.com/9ME0GDqr08Bucky Box
Crowdfunding is not about a crowd of faceless people waiting to shower you with $, it’s about Connections & Community, just like Local Food.Bucky Box
Motivations of people giving to local food crowdfunding campaigns: "Issues, Geography & Team" – Learning: TELL YOUR STORY – @StartSomeGoodBucky Box
"Crowdfunding is a great way to launch your local food enterprise, or help expand your activities to enhance your impact" – @StartSomeGoodBucky Box
What will your rewards be for a Local Food crowdfunder? Acknowledgement, Schwag or Souvenirs/Crafts? Maybe a Vege Box? – @StartSomeGoodBucky Box
More reward ideas for crowdfunding local food biz – Pre Sales of your produce, Unique experiences or items, Access to your team’s skills!Bucky Box
Many of our ventures have found that #crowdfunding was a great way to invite the community into their project #StartingGoodStartSomeGood
Our #crowdfunding webinar with @BuckyBox has kicked off! Join in NOW to find out how to finance your #food venture ow.ly/kJPn2StartSomeGood
.@GoldhillOrganic great to meet you Jane, thanks so much for joining us & have a great day in that sunshine! @StartSomeGoodBucky Box
What will your rewards be for a Local Food crowdfunder? Acknowledgement, Schwag or Souvenirs/Crafts? Maybe a Vege Box? – @StartSomeGoodBucky Box
Great webinar yest by @StartSomeGood & @buckybox @samrye_enspiral on peerfunding for local food. Will definitely use their platform. Cheers!Toni Dipple
A diverse day into the techie world with a webinar @StartSomeGood @buckybox and then gorgeous food @BlandfordFest ending with @Dorset_HourGoldhill Organics
Big thanks all round!
Massive thanks to our global crowdfunding partner @StartSomeGood for insights + support to bring seedfunding to local food initiatives!Bucky Box
Thanks to @buckybox for partnering with us to support #localfood startups. And thanks to everyone who joined our webinar!StartSomeGood
Well @StartSomeGood + @buckybox = Local Food Biz Startup in a box. Change is here, it’s a rising tide for the food system!Bucky Box
@buckybox has launched a chat to keep the ideas flowing after the #crowdfunding webinar with @startsomegood! join in: buckybox.nestivity.com/discussions/51…Nestivity
Umm…@buckybox is totally rad. Solves a practical problem for farmers markets and community supported agriculture (CSA) programs! #produceReid Simpson
Treat your supporters like your cofounders! They are supporting you because they believe in your vision for a better future! #StartingGoodStartSomeGood
I’ll leave you with this step by step guide to creating an AWESOME #crowdfunding campaign buff.ly/13e1UkY #StartingGoodStartSomeGood
It’s time to ditch the spreadsheets and start looking after your business again. pic.twitter.com/wjF6N3PwRYBucky Box
Check out Tom’s full slides from the webinar here:
Local Food Startup Challenge crowdfunding webinars with StartSomeGood – May 2013As global crowdfunding partners of the Local Food Startup Challenge (http://challenge.buckybox.com/) StartSomeGood hosted two webinars in…
StartSomeGood: crowdfunding for non-profits, social entrepreneurs and changemakersStartSomeGood is a crowdfunding platform for non-profits, social entrepreneurs and changemakers to raise funds and grow a community of su…
Bucky Box, simple to use software for your CSA, Vege Box Scheme, or Food Hub.Bucky Box, simple to use software for your CSA, Vegetable Box Scheme, or Food Hub to automate orders, billing and delivery logistics

Once again, huge thanks to StartSomeGood for joining with us to support The Local Food Startup Challenge, and catalyse local food globally.

 

Are you’re keen to pursue a crowdfunding campaign to get seed funding for your project, but still not sure where to start? Get in touch and we’ll point you in the right direction!

 

 

The Local Food Startup Challenge – Applications Closed!

Local Food Startup Challenge - Applications Closed

Amazing buzz over at Bucky Box HQ this week after closing applications for The Local Food Startup Challenge which we launched in February.

 

We had a moment to pause and think about what this experiment has started. We really only began with the plan to offer the challenge in Australasia to see what reception it got over here. Pretty soon after launching, we were getting enquiries from all over the world from people keen to start a local food enterprise – we don’t like to disappoint people, so with a stripped back offering we made it available globally.

 

Since then we’ve been asked to do an online teaching series, worked with StartSomeGood to run a couple of crowdfunding webinars, spoken to a bunch of partners, and the most important thing – enabled a host of people to start their dream, and launch local food enterprises. And there’s more plans in the pipeline!

 

In visual terms, The Local Food Startup Challenge looks a little something like this:

  

↪ Share this Infographic ↩

 

But The Local Food Startup Challenge isn’t over yet!! It’s now time to kick into a higher gear and take all the goodies from the challenge to ramp up your business idea into a reality.

 

Are you one of the Local Food Startup challengers? Have you started delivering produce yet? If not, what’s blocking you?

 

 

Sustainable Brands : ‘Taking Cues from Nature’ by Bucky Box

image courtesy of http://bit.ly/15xkKzd

image courtesy of http://bit.ly/15xkKzd

 

The food system is not a machine, but this is how we have treated it in the last 50 years.

→ tweet this story ←

 

With the growth of industrial food production, manufacturing and distribution, we have seen a vast range of short-term benefits and a swathe of longer-term challenges. The ramifications of this highly centralised food system can be seen in some of the well-documented symptoms: Nearly 35% of all food grown globally is wasted; we have a billion obese people in the world, and an almost equal number who go to bed hungry; and around 80% of the world’s hungry are involved in food production. Clearly something needs to change.

 

To understand how we will feed a growing population with decreasing resources and a changing climate, we must shift our mindset to understanding it is a living system. We can identify and create new opportunities for innovation by acknowledging it is a living system, and designing products and services for that reality.

 

The blueprint for a sustainable system already exists and indeed is all around us: After 3.8 billion years of R&D, nature has already solved many of the challenges we face, so if we can learn to take more lessons from the natural world we can design better solutions for our own society — doing well by doing good.

READ MORE AT SUSTAINABLE BRANDS HERE

 

 

Startup Challenge Spotlight : ‘Good Neighbour’ Launches in New Zealand

Local Food Startup Challenge Banner Header

We’re delighted to announce one of the first Local Food Startup Challenge entrants has just launched!

 

Good Neighbour Local Food Delivery Tauranga Bay of Plenty Building Community

 

Good Neighbour brings good food to local people in Tauranga, Bay of Plenty, Aotearoa New Zealand. By operating their food delivery enterprise, they’re able to build the fabric of the community from the grassroots and reinvest their profits in other community-based programs.

 

Good Neighbour Produce Boxes launched last week with nearly 30 large orders.  So far the feed back has been all positive with many loving the fresh quality and value in each box.   Most of all the great advantage is not only saving money  or supporting  good healthy eating but backing the Good Neighbour Vision of helping those struggling in our community through sincere love in action.  We aim to put all our profits back into our communities through funds raised in this way.  Once we get our fruit boxes up and running we will focus on the community projects targeted at people in need. In the process of helping others the dream is that others will begin to get to know their neighbours and in some way be able to say “We have a friend just over the fence”

– Cam Hill, Good Neighbour Founder

 

Good Neighbour Packing Boxes

 

We’re proud to be supporting a fantastic social enterprise like Good Neighbour, and it feels fitting that one of the first startups to launch is here in our home of New Zealand.  That said, we’ve had lots of interest from overseas for the pilot of our Startup Challenge, so who knows where the next launch will come from!

 

Good Neighbour - Delivery Day

 

Good Neighbour were one of the organisations we connected with early in their development when they were modeling how to get set up and running. We were excited to be able to work with them to provide the IT infrastructure to manage their order, customer accounts, packing & delivery logistics and payment reconciliation.

You can visit Good Neighbour’s website here, Facebook page, or get your good local food in Tauranga at their Bucky Box powered webstore.

Congrats on Your Launch

 

** UPDATE **

Good Neighbour were in the local press! Check out this little article…

Good Neighbour Press The Weekend Sun Bay of Plenty

Idealog feature The Local Food Startup Challenge

The very excellent New Zealand business magazine, Idealog, has an interesting mix of Technology, Startup & ‘Forward looking ventures’ flavour.

Idealog - March 2013

If you were to pick up a copy of the March edition, then flick your way through their interesting stories of New Zealand business innovation, and find your way to page 64, then you’ll find a page on our Local Food Startup Challenge.

We really like this story by Rebeka White (also deputy editor of the excellent Good Magazine) as it strikes a balanced tone about the wider aims of the Local Food Startup Challenge, and the benefits for startup food distributors, small farms & artisan producers.

Bucky Box in Idealog

We’ll update this article with a link to the article online when it’s published on Idealog’s site, so those of you who don’t get Idealog in your country can read the full article too.

In the meantime, follow Idealog on Twitter or Google+ for the best stories of innovative Kiwi businesses.

Announcing The Local Food Startup Challenge

We’re launching a challenge to get Local Food Distributors started & successful around the world.

The Local Food Startup Challenge

After months of chatting with Distributors around the world who were getting started, we kept hearing that it was hard getting through the startup phase. Not only did new businesses need the IT infrastructure to help them scale up, but they needed the capital to get started, profile to let their local community know they exist, small business support, and any hints & tips from other people’s experiences to give them the jump start they needed.

 

-> Tweet this Story <-

Local Food Startup Challenge Banner Header

 

We decided to launch a Challenge to bring these elements together, to give you the reason to get started or help you get through that difficult first year. Our challenge is open to new local food distributors, and those under one year old.

 

Enter The Local Food Startup Challenge and you will straight away get $1000 of Bucky Box credit and a package of support. Build your business over 3 months and you will be in to win the main prize!  <– Click to Tweet This

 

Take a look at The Local Food Startup Challenge website now for more information, and get started building a sustainable business today!

Local Food Startup Challenge website

Know someone who’s been meaning to start a business for awhile?
Send them the link to the challenge (http://bit.ly/FoodStartupChallenge), or drop us a note (sam@buckybox.com) and we’ll get in touch!

 

Press Release:

$500k Global Fund Announced for Local Food Businesses

See the full Local Food Startup Fund press release here. <- Tweet this Story

 

Apply to become a Challenge Partner now

Thanks to interest from various quarters, we’re opening the door to additional partners who’re looking to support Local Food Distributors in their local area. Simply fill in this form, and we’ll be in touch. <- Tweet about Challenge Partners