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THIS MORNING. 9:00 Welcome 9:15 That’s Me Icebreaker 9:30 Food Hubs and the Business Planning Process (Kathy) 10:00 The Wisconsin Food Hub Collaborative (Sarah) 10:30 Break, Team Debrief 11:15 Q&A 11:55 Closing. Kathy Nyquist Principal New Venture Advisors LLC
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THIS MORNING • 9:00 Welcome • 9:15 That’s Me Icebreaker • 9:30 Food Hubs and the Business Planning Process (Kathy) • 10:00 The Wisconsin Food Hub Collaborative (Sarah) • 10:30 Break, Team Debrief • 11:15 Q&A • 11:55 Closing
Kathy Nyquist Principal New Venture Advisors LLC (773) 245-3570 Chicago, IL
“A regional food hub is a business or organization that actively manages the aggregation, distribution, and marketing of source-identified food products primarily from local and regional producers to strengthen their ability to satisfy wholesale, retail,and institutional demand.” – USDA
Post-Harvest Retail Sales Outlets Production Distribution • GROCERY • Stores • Home Delivery Growers and Producers Importers • MERCHANT WHOLESALERS • Specialty Produce • Broad Line • Specialty Produce • FOODSERVICE • Contract Catering • Restaurants Grower -Shippers Aggregators Self-Distributing Retailers • DIRECT • Farmers Markets • Farm Stands • CSAs Processors Brokers, Agents, Auctions, Exchanges Exchanges
Case Histories 5 Food Hubs
SOUTHERN WISCONSIN FOOD HUB Feasibility Study
Stage Gate Process Starting a Business
0 Community Organization Food Policy Council Local Food Coalition Community Organization
1 Opportunity Identification Environmental Assessment
2 Feasibility Assessment Shape Concept Test Viability Environmental Assessment
3 Business Planning Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability
4 Fundraising Financing Plan Investor Pitch Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability
5 Launch Phased Development Lean Startup Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability Financing Plan Investor Pitch
6 Stabilize and Grow Finance, Marketing, Operations Growth Strategy Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability Financing Plan Investor Pitch Phased Development Lean Startup
Municipal/Community Organization Entrepreneur/Operator Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability Financing Plan Investor Pitch Phased Development Lean Startup Finance Marketing Operations
Strategic Plans Pro Forma Environmental Assessment Shape Concept Test Viability Financing Plan Investor Pitch Phased Development Lean Startup Finance Marketing Operations Operator Market Assessment Enterprise Structure A Go Infrastructure Assessment Analytical Model Recommendations Enterprise Structure B Production Assessment No-Go or Not-Yet Community and Stakeholder Engagement
Resources newventureadvisors.net
SOUTHERN WISCONSIN FOOD HUB Feasibility Study
Kathy Nyquist Principal New Venture Advisors LLC (773) 245-3570 Chicago, IL knyquist@newventureadvisors.net Thank you!